» Reg A and Reg CF: A decade of data, and still not worth it?
08/07/25 15:46 from The Venture Alley
By Andrew Ledbetter and Zachary Kogut Over the past two decades, the SEC has tried to make it easier for early-stage companies to raise capital, and for main street investors to access those opportunities, by expanding registration exemp...

» Ninth Circuit Reviews Website Tracking Class Actions and the Reach of California’s Privacy Law
03/07/25 13:30 from Privacy Law Blog
Key Takeaways: A Ninth Circuit court of appeals panel reviewed three separate proposed class actions against Papa John’s International Inc., Converse Inc., and Bloomingdale’s, all centered on whether certain website trac...

» Rising Backlash at the Killing of the Corporate Transparency Act
10/06/25 12:00 from Compliance Building
At the end of March, FinCEN published an interim final rule that removes the beneficial ownership reporting requirements for U.S. companies and limits it to only those entities that are formed under the law of a foreign country and that ...

» The Danger of Block Trading Accounts
09/06/25 12:00 from Compliance Building
Cherry-picking and block trading accounts go hand in hand. The most recent firm to be found doing this is North East Asset Management and its principal Greg Zandlo. According to the SEC order, the firm had block trading account at an una...

» SEC Report on Beneficial Ownership Concentration and Fund Outcomes for Hedge Funds
05/06/25 12:00 from Compliance Building
Ever wonder what the Securities and Exchange Commission does with Form PF data? The SEC’s Division of Economic and Risk Analysis just published a paper analyzing beneficial ownership concentration and fund outcomes: Beneficial Owne...

» California Court Holds Defendants Liable for Fraudulent Wire Transfer
03/06/25 13:30 from Privacy Law Blog
Wire transfer fraud has long been a popular target for cyber criminals.    A case of first impression decided by the California Court of Appeal, Fourth Appellate District demonstrates the high stakes for victims of this crime. ...

» The MCAs Are Crankin’
03/06/25 12:00 from Compliance Building
I’ve now seen the best sales pitch for investors in a Ponzi scheme “Yo Homie! the MCAs are crankin!” delivered to an “investor” on Skype. This message came from Patch Baker. The MCAs are Merchant Cash Advanc...

» Safeguard of Your IRA Was Not So Safe
02/06/25 12:00 from Compliance Building
The Securities and Exchange Commission obtained final judgments against Safeguard Metals and its principal, Jeffrey Ikahn. The SEC charged Safeguard and Ikahn with acting as unregistered investment advisers by persuading investors to sel...

» The One Without an Anchor
29/05/25 12:00 from Compliance Building
One legal question that has renewed interest over the past few years is “what is a security?” Crypto lovers will tell you that their stuff is not securities. It all goes back to the definition of “security” and th...

» Ninth Circuit Reshapes Personal Jurisdiction Standards for E-Commerce Platforms in Briskin v. Shopify
06/05/25 18:55 from Privacy Law Blog
Key Takeaways On April 21, 2025, the United States Court of Appeals for the Ninth Circuit, sitting en banc, issued a watershed decision in Briskin v. Shopify, Inc., fundamentally altering the landscape of specific personal jurisdiction a...