SEC No Action Relief for MA Brokers
Posted on Feb 12, 2014 11:55am PST
On January 31, 2014, the Securities and Exchange Commission’s Division
of Trading and Markets granted no-action relief to “M&A Brokers”
that engage in certain activities in connection with the purchase or sale
of privately-held companies from the broker- dealer registration requirements
of Section 15(b) of the Securities Exchange Act of 1934, as amended.
Attached is a Memorandum discussing the Commission’s ruling.
/documents/SEC-No-Action-Relief-for-MA-Brokers.pdf