The Devil is in the Details Part 9: Blue Sky Filings – New York State Rule Changes
By EsqSocial Corporation 06/05/21
On December 1, 2020, New York Attorney General Letitia James announced updates to the New York state securities laws. Among them are changes to the state’s blue sky filings requirements, which will be of particular interest to funds that rely on Rule 506 under the Securities Act of 1933, the most commonly relied upon exemption for hedge and private equity funds. The new rules are effective as of December 2, 2020....
By: Hardin Compliance Consulting LLC