Tag:
Private Placements
Latest Headlines
Latest Headlines
Goldman: U.S. retail clients cannot invest in Facebook
For Goldman Sachs' wealth management clients, it seemed like an extraordinary opportunity to get in on the Facebook phenomena at a relatively early stage. Through their controversial broker, they had what amounted to exclusive access to a hot private placement. But the regulatory scrutiny in the i
Revenge of blown-up Reg D investors?
Recall that the SEC ( SEC news) charged Provident Royalties and its founders and some related businesses with fraud ( fraud news) last summer. Unfortunately, prior to that, Provident was able to place $485 million of private placements through dozens of small broker-dealers. That ignited a s
Ranks of small broker-dealers continue to thin
Lost amid the carnage in the regional banking industry: a contraction in the small and regional broker-dealer industry that has claimed many firms as of late. While the big boys have all been saved, thanks in part to federal intervention, small broker-dealers have been exiting the business steadil
New private placements market: Solution in need of a problem?
About a year before the credit crunch started, people were convinced that the phenomenal growth in private placements would continue, which set up an interesting battle among the likes of Nasdaq's
