Tag Archives: Finders Fees

SEC Further Limts Use of Finders Fees

The Securities and Exchange Commission’s (SEC) position on the payment of finder’s fees to non-registered broker-dealers has been further clarified in a request for a  No-Action Letter, which was denied by the SEC. That clarification bodes poorly for those who are looking for a more expansive interpretation of the finder exemption from broker-dealer registration. Historically, in determining … Continue reading SEC Further Limts Use of Finders Fees