{"id":1649,"date":"2015-05-26T18:57:21","date_gmt":"2015-05-26T18:57:21","guid":{"rendered":"https:\/\/www.stockbrokerfraudblog.com\/2015\/05\/massachusetts_securities_regul_1"},"modified":"2022-03-22T14:25:32","modified_gmt":"2022-03-22T19:25:32","slug":"massachusetts-securities-regul-1","status":"publish","type":"post","link":"https:\/\/www.investorlawyers.com\/blog\/massachusetts-securities-regul-1\/","title":{"rendered":"Massachusetts Securities Regulator Sues the SEC Over New Rules Affecting Small Company Stock Offerings"},"content":{"rendered":"

\t\t\t\tWilliam Galvin, the securities regulator of Massachusetts, is suing the U.S. Securities and Exchange Commission. Galvin is seeking to stop new rules that he believes restricts state oversight of stock offerings made by emerging and small companies.<\/p>\n

With the newly adopted rules, offerings starting at $20 million would only need to be filed with the SEC and not the states. With smaller deals, companies can opt for state-level assessment-or not, and contend with stricter disclosure requirements. <\/p>\n

State regulators have long felt that the new rules pre-empt their oversight of a market at which they are the ones who can do the best job at overseeing. These SEC rules are not specific about who or what would qualify as the kind of investor that could buy these offerings. Because no salary restrictions or net worth is imposed, local businesses could easily target retail investors. <\/p>\n

Continue Reading \u203a<\/a><\/div>\n","protected":false},"excerpt":{"rendered":"

William Galvin, the securities regulator of Massachusetts, is suing the U.S. Securities and Exchange Commission. Galvin is seeking to stop new rules that he believes restricts state oversight of stock offerings made by emerging and small companies. With the newly adopted rules, offerings starting at $20 million would only need to be filed with the […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":""},"categories":[3760],"tags":[],"class_list":["post-1649","post","type-post","status-publish","format-standard","hentry","category-sec-enforcement"],"yoast_head":"\nMassachusetts Securities Regulator Sues the SEC Over New Rules Affecting Small Company Stock Offerings — Investor Lawyers Blog — May 26, 2015<\/title>\n<meta name=\"description\" content=\"William Galvin, the securities regulator of Massachusetts, is suing the U.S. Securities and Exchange Commission. Galvin is seeking to stop new rules that — May 26, 2015\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.investorlawyers.com\/blog\/massachusetts-securities-regul-1\/\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"Massachusetts Securities Regulator Sues the SEC Over New Rules Affecting Small Company Stock Offerings — Investor Lawyers Blog — May 26, 2015\" \/>\n<meta name=\"twitter:description\" content=\"William Galvin, the securities regulator of Massachusetts, is suing the U.S. Securities and Exchange Commission. 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