Ryan Steele

Ryan handles corporate contractual matters to bring mergers, acquisitions, financing, energy and natural resources deals, startup operations and other general business transactions to fruition.

Subscribe to all posts by Ryan Steele

SEC proposes exemptions from registration for finders

By Ryan Steele and Porter Wright on October 15, 2020 Categories: SEC News, Securities Exchanges

On Oct. 7, 2020, the Securities and Exchange Commission (SEC) proposed a limited and conditional exemption from broker registration for natural persons, referred to as “finders,” who seek to help non-reporting, private companies raise capital from accredited investors in exempt offerings, subject to certain conditions. Generally, persons who effect transactions in securities for the account … Continue Reading

SEC amends definition of accredited investor

By Ryan Steele and Porter Wright on September 14, 2020 Categories: Securities Exchanges

On Aug. 26, 2020, the Securities and Exchange Commission (SEC) adopted amendments to Rule 501(a), Rule 215 and Rule 144A of the Securities Act of 1933 (Securities Act). These amendments are part of the SEC’s efforts to more effectively identify qualified investors and allow for expanded investment opportunities, while still maintaining appropriate levels of investor … Continue Reading

Rate increases for issuers registering securities

By Ryan Steele on September 7, 2017 Categories: Dodd-Frank Act

New rates will take effect at the beginning of the next fiscal year, Oct. 1, 2017, for public companies and other issuers to register their securities with the U.S. Securities and Exchange Commission (SEC). The SEC announced on Aug. 24, 2017, that the fiscal year 2018 fees to register securities will be set at $124.50 … Continue Reading