James G. Smith, a Partner in Tarter Krinsky & Drogin’s Corporate and Securities Practice, was interviewed as part of the LegalMinds/NASDAQ Securities & Capital Market Series about the impact of “Dodd-Frank” on private placements. The Dodd-Frank Wall Street Reform and Consumer Protection Act, which was enacted in 2010, is bringing sweeping changes to the regulation of financial markets in the United States. In the interview, Mr. Smith focused on two particular changes that impact companies that rely upon Rule 506 of Regulation D for exemption from registration of securities: modifications to the definition of “accredited investors” and the adoption of what are called “The Bad Boy Rules.” While these changes raise challenges for both publicly-traded and privately-held companies, the challenges will be more significant for publicly-traded companies and private companies with a significant stockholder base.
Legal Minds TV provides exclusive video interviews with attorneys focused on a variety of legal issues of concern to senior corporate executives, their boards of directors, and their counsel.
To watch the entire interview click here.
James’s practice focuses on complex securities and corporate transactions, investment management, and corporate law. He has closely followed the impact of Dodd-Frank on various aspects of financial regulation, including its effects on investment advisers, family offices, and real estate investment funds.
|Smith, James G. Partner||Partner||212.216.8060|