Some states require Reg A issuers to have a broker-dealer, but most do not and allow the issuer to register their offering themselves as an issuer-dealer.  The states that do not allow issuer-dealers are currently Florida, New Jersey, Texas, and Washington. For more information, contact our fund services team.

Yes. Each state has its own timing requirement. Some states require notice filings to be submitted prior to an offer or sale, whereas other states require notice filings within a certain amount of time after an offer or sale. Not sure when to file? Contact us today for more information.

Generally speaking, notice filings are required on a yearly basis, but it depends on the type of offering and the state you are filing in. We can help you determine when you need to file. Contact us today.

Blue Sky laws are USA state securities regulations that are designed to protect investors from deceptive practices in the sale of securities. The laws are named Blue Sky laws because they were intended to safeguard investors from speculative investments that had “no more basis than so many feet of blue sky.” Each state has their own set of Blue Sky laws, meaning that the specific requirements vary from state to state. Have questions about a specific state? Contact our fund services team.

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