Tag Archives: Finder Fees

SEC Proposes Exemption for Finders

The Securities and Exchange Commission (“SEC”) has proposed a conditional exemption from broker registration requirements for certain “finders” who assist issuers with raising capital in private markets from accredited investors. If adopted, the proposed exemption would permit natural persons to engage in certain limited securities activities involving accredited investors, without registering with the SEC as … Continue reading SEC Proposes Exemption for Finders

California Modifies Exemption for Payment of Finder Fees

The California Department of Business Oversight (“Department”) has modified Section 25206.1 of the California Corporation’s Code (“Code”) which provides a broker-dealer registration exemption for the payment of finder fees to individuals who introduce California investors to California securities issuers.  California Exemption Requires Certain Conditions Be Met- To qualify for the exemption, an individual has to … Continue reading California Modifies Exemption for Payment of Finder Fees