As of July 2019, more than half of Californians aged 25-64 had no retirement savings. In an effort to make saving for retirement more accessible, and therefore encourage more people to save, the State of California enacted legislation that requires employers with 5 or more California-based employees (including at least one who is age 18… Read More
Posts Tagged With: registration
SEC Adopts Rules to Allow Crowdfunding
Last Friday, the SEC adopted final rules to allow companies to offer and sell securities through crowdfunding. These new rules are designed to give smaller companies access to additional investment options and, in addition, to provide investors with additional protections. As I discussed in a prior blog post here, crowdfunding is a method of raising… Read More