United States:
Thoughts On Recent SEC Activity In EB-5
23 October 2013
Sheppard Mullin Richter & Hampton
To print this article, all you need is to be registered or login on Mondaq.com.
Earlier this month, the Securities and Exchange Commission
brought its second enforcement action freezing the assets of a
regional center accused of defrauding EB-5 investors. The SEC
also cooperated with USCIS to release a joint investor alert.
Sheppard Mullin partner John Tishler published a Q&A article
(click here) with his thoughts on the joint
alert and the enforcement action. The article includes observations
on due diligence best practices and suggestions for regional
centers and sponsors to improve the credibility of their
offerings.
The content of this article is intended to provide a general
guide to the subject matter. Specialist advice should be sought
about your specific circumstances.
POPULAR ARTICLES ON: Corporate/Commercial Law from United States
Corporate Transparency Act Update
Shulman Rogers
With the arrival of spring and the first set of Corporate Transparency Act (CTA) filing deadlines behind us, it is a good time for an update on lessons learned from the initial filings.
Compliance Isn't The Only 'AI Washing' Risk
Bracewell
Companies are rapidly adopting artificial intelligence technologies, and both regulators and private plaintiffs have set their sights on "AI washing," where businesses tout AI capabilities that do not exist.