Topic: No-Action Letters

SEC Tells M&A Brokers: No Registration Required

Late last month, the Securities and Exchange Commission gave M&A brokers a green light to facilitate mergers, acquisitions, and other business sales and combinations without first having registered as “broker-dealers.” Attorneys from Skadden Arps explain: “Prior to the No-Action Letter, although a person who had not registered as a broker-dealer could engage in activities in… Read more »