Recent SEC No-Action Letter's Impact on M&A Brokers



In early February the Securities and Exchange Commission’s Division of Trading and Markets issued a no-action letter [PDF] stating that mergers and acquisitions brokers wouldn’t necessarily face enforcement action if they facilitated a transfer of ownership of a privately-held company without registering as a broker-dealer.

What's being said

Comments are not moderated. To report offensive comments, click here.

Preparing comment abuse report for Article# 1202644417441

Thank you!

This article's comments will be reviewed.