What is the name of your state (only U.S. law)? CA and USA SEC law
Happy March everyone!
I am wondering if I can raise funds for a private LLC corporation in California? I don't have license to raise capital nor sell units of ownership, i.e. I'm not a broker nor dealer. SEC rules that there are "exemption" that may apply to soliciting, but I wonder if it applies to independent third parties like myself or any employee (paid for raising funds).
https://www.sec.gov/divisions/marketreg/exemption-broker-dealer-registration-jobs-act-faq.htm
It seems to indicate, that neither third parties nor employee can introduce the LLC to an Angel investor for a finder's fee.
(ps. The LLC is trying to sell its units of ownership to raise funds and offered to pay me finder's fee).
Thanks.
Happy March everyone!
I am wondering if I can raise funds for a private LLC corporation in California? I don't have license to raise capital nor sell units of ownership, i.e. I'm not a broker nor dealer. SEC rules that there are "exemption" that may apply to soliciting, but I wonder if it applies to independent third parties like myself or any employee (paid for raising funds).
https://www.sec.gov/divisions/marketreg/exemption-broker-dealer-registration-jobs-act-faq.htm
It seems to indicate, that neither third parties nor employee can introduce the LLC to an Angel investor for a finder's fee.
(ps. The LLC is trying to sell its units of ownership to raise funds and offered to pay me finder's fee).
Thanks.
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