Eliza Fromberg was quoted in an article, "4 Things To Know As Equity Crowdfunding Rules Take Effect," in Law360. In the article, Fromberg discusses the Securities and Exchange Commission's Regulation Crowdfunding, which goes effective today. Regulation Crowdfunding permits mom-and-pop businesses to sell limited amounts of securities to unaccredited investors. "At least, in the beginning, the SEC is taking a cautious approach and making this more highly regulated than a lot of people would like," Fromberg said. "I think the hope is that after some time when people get more comfortable with crowdfunding, perhaps some of these rules could be relaxed a bit. Perhaps the $1 million limit could be increased. Starting from a more cautious position and incrementally expanding crowdfunding might be the way to go."
Day Pitney is sponsoring the ITechLaw 2023 World Technology Law Conference being held in Toronto at the Ritz-Carlton on May 24-26.
Day Pitney Press Release
Day Pitney Press Release
Day Pitney Technology Partners Kritika Bharadwaj and Richard Harris authored an article titled, "Attack of the Crypto Acronyms! ICOs, STOs, IEOs, IDOs – What is What?" that was published on TabbFORUM, an open community that provides a platform for capital markets professionals to share their ideas and thought leadership with their peers.
Day Pitney Partner Michael Kaufman was featured in a Law360 Pulse Q&A discussing his new position as chair of the firm's Institutional Finance and Commercial Lending group.
Day Pitney Stamford Partner Michael Kaufman's new role as chair of the firm's Institutional Finance and Commercial Lending group was featured in Law360 Pulse.
Day Pitney Press Release
VCV Digital Technology announced that it plans to become a publicly traded company via a business combination with Fortune Rise Acquisition Corporation (NASDAQ: FRLAW, FRLA and FRLAW), a special purpose acquisition corporation.
Day Pitney Press Release
New York Partner Kritika Bharadwaj's promotion to partner was featured in the New York Law Journal's On the Move column.