Small Business: Do The Securities Law Apply To You?

Your jurisdiction may regulate securities either federally or through state / province / regional laws. The general notion is that securities laws apply only to large publicly-traded entities; however, depending upon the jurisdiction in which your company resides or does business, this may not be true.  Securities laws in Canada and the United States, although unified by some federal requirements, differ across the provinces and states.  In British Columbia, securities laws apply to all business, regardless of size, although there are certain exemptions from prospectus and registration requirements for small businesses.

Whether your business qualifies for a Private Issuer Exemption, or a Family, Friends, and Business Associates Exemption, or other exemption or relief from securities requirements requires legal analysis of your business structure and applicable federal and regional securities laws. Ally Law member firms are experienced in corporate structure and securities laws across the globe and will safely guide your compliance with these complex laws.  For more information about our services in this area, contact us at yourally@ally-law.com.

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By Kornfeld LLP.