Tag: colleagues
The Venture Alley
Article prepared by and republished courtesy of our colleagues Larry W. Nishnick, Bradley E. Phipps, Kevin R. Bettsteller, Brittney Bennett and David Kurlander; originally published here: https://www.dlapiper.com/en/us/insights/publications/2020/09/sec-adopts-changes-to-accredited-investor-definition/
The SEC recently adopted amendments to the long-standing definition of “accredited investor,” an important qualification standard under the securities laws that determines what types of investors may invest in certain kinds of private securities offerings, including securities offerings to natural persons and entities conducted pursuant to Rules 506(b) and 506(c) of Regulation D under the Securities Act of 1933 and “qualified institutional buyers” for Rule 144A under the Securities Act and other important federal and state securities law exemptions. The final rule adopted by the SEC is substantially similar to the proposed rule with a few teaks based on comments it received as part of the adoption process.
The current definition of “accredited investor” has been in place without any significant update since 1985. At a high level, the rule broadens the categories of individuals and entities that qualify by adding categories of eligibility based on their professional knowledge, experience or certifications and allows these investors to further qualify as “accredited investors” thereby making them eligible to participate in private capital markets. The stated purpose of the amendments is to “update and improve the definition to more effectively identify institutional and individual investors that have the knowledge and expertise to participate in those markets.” Ultimately, the amendments allow individuals and entities to participate in private capital markets not only based on their income or net worth, but also based on established, clear measures of financial sophistication.…
Continue Reading SEC adopts changes to “accredited investor” definition
Ethereum giant ConsenSys sues former fund manager for resume fraud
ConsenSys says it "won't be shaken down" by Kavita Gupta. The company says she was completely out of her depth by managing its venture fund.
The post Ethereum giant ConsenSys sues former fund manager for resume fraud appeared first on Protos.
NFP Expands Risk Management and Complex Risk Practice with Addition of…
Industry veteran brings senior leadership experience, risk management and complex property expertise to P&C Specialty division
(PRWeb January 13, 2022)
Read the full story at https://www.prweb.com/releases/nfp_expands_risk_management_and_complex_risk_practice_with_addition_of_john_barrett/prweb18434238.htm
Signed kernel drivers – Unguarded gateway to Windows’ core
ESET researchers look at malware that abuses vulnerabilities in kernel drivers and outline mitigation techniques against this type of exploitation
The post Signed kernel drivers – Unguarded gateway to Windows’ core appeared first on WeLiveSecurity
How Bitcoin 2021 Redefined The Importance Of In-Person Celebration
Can Crypto Be a Force in the Midterms? Yes, Say Kristin Smith and Jake Chervinsky
Kristin Smith, executive director at Blockchain Association, and Jake Chervinsky, head of Policy at Blockchain Association, discuss the current state of crypto regulation. Show topics: why 2021 was a watershed[...]
The post Can Crypto Be a Force in the Midterms? Yes, Say Kristin Smith and Jake Chervinsky appeared first on Unchained Podcast.
Pfizer Enters into Agreement with Acuitas Therapeutics for Lipid Nanoparticle Delivery System for Use in mRNA Vaccines and Therapeutics
Expands Pfizer’s access to lipid nanoparticle (LNP) formulation technology, offering a strong strategic fit with Pfizer’s mRNA strategy Pfizer gains option to license Acuitas’ LNP technology for up to 10 targets for vaccine or therapeutic development NEW YORK & VANCOUVER, British Columbia–(BUSINESS WIRE)–Pfizer Inc. (NYSE: PFE) and Acuitas Therapeutics, a company focused on developing lipid […]
The post Pfizer Enters into Agreement with Acuitas Therapeutics for Lipid Nanoparticle Delivery System for Use in mRNA Vaccines and Therapeutics appeared first on Fintech News.
Oxygen Technologies Named New ELO Business Partner in North America
Leading Canadian information technology provider will add the ELO ECM Suite to its technology portfolio.
(PRWeb January 11, 2022)
Read the full story at https://www.prweb.com/releases/oxygen_technologies_named_new_elo_business_partner_in_north_america/prweb18428431.htm