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Note: Additional information about entities exempt from reporting is detailed in the BOI Reporting Regulations at 31 CFR § 1010.380(c)(2). [read post]
Investors who are “knowledgeable employees” (a) fall withing the definition of, and are thus, accredited investors, (b) do not count towards the 100 beneficial owner limit for purposes of the Section 3(c)(1) exemption, and (c) are permitted to invest in a 3(c)(7) Fund, whether or not they are otherwise qualified purchasers, without jeopardizing a venture capital fund’s Section 3(c)(7) exemption. [read post]
11 Jul 2024, 3:20 pm by CFM Admin
As such, for those parties investing or otherwise participating in the digital asset class, having an open dialogue with your attorneys and advisors can help navigate through the uncertainty. [read post]
9 Jul 2024, 11:28 am
Pix Credit hereGroovin' slow and easy, just takin' our timeWe ain't goin' nowhere, for baby I don't mindSo put your arms around mewe're gonna take a journey down to rhythm and bluesRidin' on a soul train, yeah baby just-a me and you (lyrics Soultrain, here)This post considers, quite briefly, reflections on several points that may weigh significantly on the way in which one approaches the inevitable and now unstoppable trend toward AI regulation production, and its… [read post]
8 Jul 2024, 9:24 am by Brian Fong
Also, AB 2288 specifically provides that a court may exceed the 30% penalty cap if, based on the facts and circumstances of the particular case, to do otherwise would result in an award that is unjust, arbitrary and oppressive, or confiscatory. [read post]