Categories: Articles

Federal Broker-Dealer Exemption for M&A Brokers

The Securities and Exchange Commission and the Colorado Securities Commissioner have historically taken a very broad view towards the broker-dealer registration requirements under federal law. These requirements apply as well to business brokers and others who receive fees for selling companies in stock acquisitions. Narrow registration exemptions have been available, and now the SEC has broadened the exemption in a recent no action letter.

The Colorado Securities Commissioner has not followed suit. Read article by Herrick K. Lidstone, Jr..

Published by
aeberling

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