On Thursday, July 27, regulators and industry professionals gathered in Washington, D.C. to discuss the current regulatory environment, cybersecurity, and other hot topics at the SEC and FINRA’s 2017 National
Continue Reading SEC and FINRA Continue to Root Out Bad Brokers
William Mack
What is the Role of the SEC?
In the United States, there are very strict laws in place to protect investors. These laws are administered by a governmental agency known as the U.S. Securities and Exchange Commission (SEC). The mission of this agency is to regulate the U.S. markets, protect investors from fraud, ensure fair, systematic, and efficient markets, and facilitate capital development.
The EB-5 program is a unique path towards a green card that allows an individual to self-sponsor them and their family members for a green card by investing $500,000 in a U.S. business that will create ten or more jobs in the U.S. The advantages of the EB-5 are numerous:
- It doesn’t require an employer or family sponsor
- It allows investors to live anywhere in the United States (not necessarily by their EB-5 investment)
- It allows them to travel freely in and out of the U.S. as a permanent resident
- It allows them to have work authorization
- It allows their children to attend university as a resident once they obtain a green card
SEC Charges Two Businesses for Acting as Unlicensed Broker-Dealers in EB-5 sales
Yesterday, the U.S. Securities and Exchange Commission (SEC) ordered a US-based foreign finder operation to cease and desist from operation as an unlicensed broker-dealer. The charges are some of the…
Continue Reading SEC Charges Two Businesses for Acting as Unlicensed Broker-Dealers in EB-5 sales