I recently attended a two day Regulation D conference sponsored by the American Bar Association.   The Panel consisted of current and former SEC, FINRA and blue sky regulators, sharing their thoughts on the latest trends in private placements and Regulation D offerings.   The following are various topics discussed during the seminar.           SEC Proposed…

On February 28, the SEC expanded its rules regarding executive compensation and corporate governance. These changes could have profound implications for companies of all sizes. The amendments represent the SEC’s efforts to increase investor awareness of companies’ executive compensation practices and a desire to provide shareholders with a greater voice in their companies. The amendments…

In September 2009, the Financial Industry Regulatory Authority, Inc. (“FINRA”) organized a Social Networking Task Force to discuss how social media sites can be used for legitimate business purposes by firms and their registered representatives in a manner that ensures investor protection. In January 2010, FINRA issued Regulatory Notice 10-06 to guide firms on applying…

Simply put, convertible debt is debt you can covert to equity.  Convertible debt financing is much like a traditional loan in that a company borrows money from angel investors, friends, and family or even venture capitalists, and promises to repay it with interest by the end of the term of the loan. Convertible debt financing…