Clark Hill Attorney Charles R. Berry Presented “Crowdfunding and Other Changes to Capital Formation After the Jobs Act” to the State Bar of Arizona Securities Regulation Section on April 6, 2016
Phoenix, AZ – Clark Hill attorney Charles R. Berry presented “Crowdfunding and Other Changes to Capital Formation After the Jobs Act” to the State Bar of Arizona Securities Regulation Section on April 6, 2016.
The "Jumpstart Our Business Startups" Act, passed in April 2012, made significant changes in the ways small business can raise capital, including "crowdfunding" on the internet. Final Federal Crowdfunding rules go into effect May 16, 2016. Berry discussed those changes, including both federal and Arizona intrastate crowdfunding, public solicitation of private offerings, and Regulation A+ small registered public offerings. He also explored how the framework of federal and state securities laws affects new and old funding methods, particularly federal preemption of "covered securities" and significant proposals and legislation involving the definition of "accredited investors", proposed changes to Rule 147 interpreting intrastate offerings, and Arizona securities offering exemptions
Berry represents corporations, limited liability companies, partnerships, other business entities, and individuals in a wide spectrum of transactions, focusing primarily on capital formation and business management. He has represented clients in many business mergers, acquisitions and sales, and has extensive experience in securities regulation, representing issuers, brokers and dealers in private and public securities offerings. In addition to debt and equity financings, Berry has represented securities dealers, their registered representatives, and registered investment advisers in connection with regulatory compliance matters and investigations. He has participated in many Financial Industry Regulatory Authority (FINRA) arbitrations, serving as an arbitrator as well as representing claimants and respondents, and conducting arbitrator training for FINRA.
Clark Hill PLC is an entrepreneurial, full service law firm that provides business legal services, government & public affairs, and personal legal services to our clients throughout the country. With offices in Arizona, Delaware, Illinois, Michigan, New Jersey, Pennsylvania, Washington, DC, and West Virginia, Clark Hill has more than 350 attorneys and professionals.