We use cookies on this site to enable your digital experience. By continuing to use this site, you are agreeing to our cookie policy. close

The State Of Unregistered Intermediary Regulation

Law360 (November 17, 2008, 12:00 AM EST) -- For years, unregistered intermediaries (finders) in securities transactions have adeptly and, at times, daringly navigated through the maze of federal, state and self-regulatory rules and regulations.

However, recent U.S. Securities and Exchange Commission (SEC) actions and court rulings have reinvigorated long-standing concerns that these finders may be violating securities laws by failing to register under federal and state securities laws, and that increased judicial scrutiny and SEC enforcement actions will be forthcoming.

This article examines these regulatory actions against the backdrop of the overall investor protection...
To view the full article, register now.
Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.