Alan Cowgill – 6 Ebook
How To Get The Information You NeedA lot of our students, after having read through the course materials or attending a boot camp, are looking forward to getting out there and getting the money. Of course it’s important to get it right. That means, in part, being in compliance with the SEC.
As we talk about regularly, each state has its own SEC with its own laws and regulations, along with the Federal SEC in Washington, D.C. After all, this is just part of doing business and you shouldn’t let it scare you.
Please remember:When you want or need to get more information and figure out a situation, these SEC offices are there to help. And there are some important dos and don’ts when you want to reach out and contact them to ask a question and get some help.
These SEC offices are part of your state or federal government and are there to work for you, the public. Your taxes help pay for them.
SEC staffs are busy working to protect the investing public and consumers and are working to prevent fraud and are looking to stop the bad guys, not folks like you who want to get it right.
A number of the people you’ll speak with are attorneys who work for the SEC. But they aren’t allowed to give “legal advice” or serve as your personal attorney. They work for the state and the government is their client.
These attorneys are allowed to speak with you and talk about general issues. Many of them are really helpful and want to assist you in your goal of raising funds to do real estate investment in compliance with securities laws and regulations.
Laws are passed by state legislatures and signed into law by governors, or passed by Congress and signed by the President. In addition to enforcing these laws, each SEC office has the authority to create and enforce regulations to assist in making these laws work.
Let’s say you have a question about what form you should use, what the fee might be, or something else about raising moneyfor your real estate investment business that might involve securities laws and regulations. What should you do to help make sure you are understood, you get to speak to the right office and person in the SEC, and get the information you need?
I have observed that Form D is one of the items most frequently downloaded by my students. And for good reason since this is the form that must be filed when you want to raise money under one of the safe harbor exemptions created specifically by the U.S. Securities and Exchange Commission (SEC) to make it easier for small businesses to obtain financing. A copy of Form D is provided in the appendix at the end of this eBook. You will find a set of helpful instructions for filling out and filing the Form on pages 5 through 7 of the Form itself.
Nevertheless, there are a number of questions that my students often still have regarding the filing requirements for Form D. I have written this eBook to address these questions. In the pages that follow I will discuss the “why”s, “where”s, “when”s, and “how”s of Form D, including the precise steps you must take to file the Form. I’m not an attorney, nor can I give legal advice. To provide this educational material, I hired others to create this eBook. So you should seek your own legal advice when necessary.
Although Form D is one more hoop you have to jump through when trying to raise money under one of the federal safe harbor exemptions, it is also your friend. Once you file Form D with the SEC, the information becomes publicly available, and savvy lenders sift through the Form D filings regularly in search of good companies in which to invest their monies. If the information on your Form D suits their requirements, they will use the contact information you provide on the Form to get in touch with you. What could be easier?
Stock trading course: Learn about Stock trading
A stock trader or equity trader or share trader is a person or company involved in trading equity securities.
Stock traders may be an agent, hedger, arbitrageur, speculator, stockbroker.
Such equity trading in large publicly traded companies may be through a stock exchange.
Stock shares in smaller public companies may be bought and sold in over-the-counter (OTC) markets.
Stock traders can trade on their own account, called proprietary trading, or through an agent authorized to buy and sell on the owner’s behalf.
Trading through an agent is usually through a stockbroker. Agents are paid a commission for performing the trade.
Major stock exchanges have market makers who help limit price variation (volatility) by buying and selling a particular company’s shares on their own behalf and also on behalf of other clients.