Tag Archives: CapLaw-2020-14

“What are you, and if so, how many?” – Considerations on Compliance with the new 500-Investor Rule in Practice

Under the newly enacted Financial Services Act (FinSA), a prospectus is not required if a public offer of securities is directed at less than 500 investors. This article considers the new 500-investor rule from a practical perspective and proposes guidelines for potential offerors who wish to rely on it.

By David Weber (Reference: CapLaw-2020-14)