Securities Straight Talk Vol. 2: Out With the Old (Rule 505), In With the New (Rule 504)
The SEC released its final ruling that amends Rule 504 and repeals Rule 505, altering Reg D as we know it. In a nutshell, the SEC has combined the best of Rule 504 (unlimited investors, no accredited investor requirement, no burdensome disclosures) with the best of Rule 505 (a $5,000,000 offering limit).
Why Playing Fantasy Sports Is Legal (For The Most Part)
You’ve certainly seen or heard about them, and you may even participate in a few yourself. With tens of millions of participants per season, Fantasy Sports Leagues are a billion-dollar industry that are slowly becoming an American obsession. Most recently, […]