Business Law Blog

Creating New OTC Listings Through Spin Off Transactions

The Commission has long held that a dividend of securities generally does not constitute a “sale” within the meaning of Section 2(a)(3) of the Securities Act because such dividend does not ...
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CONSUMER ALERT: Attorney Adam Tracy Investigates Online Payment Provider Payza.com

( PRLEAP.COM ) CHICAGO, IL - November 30, 2015 - Consumer rights attorney Adam Tracy and the law firm of the Securities Compliance Group announced today that it would be aggreissvely pursuing an ...
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Cobbler Nevada Lawsuit Defense

Attorney Adam S.Tracy represents individuals and businesses who have been sued by Cobbler Nevada, LLC.In June, 2015, hundreds of lawsuits were filed by a newly formed company, Cobbler Nevada, LLC. The ...
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Officer & Director Disclosure On Sec Forms 3 & 4

A common question we receive is when are Securities and Exchange Commission Forms 3, 4 and 5 required to be filed? While the answer is relatively straightforward, the legal authority requiring such ...
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A Startup's Guide to SEC Form D

Securities and Exchange Commision Form D is a required fling by an issuer of securities in a private placement under Regulation D. A Form D must be field electronically with the SEC within 15 days of ...
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An Overview of Pension Plan Withdrawal Liability

Pension plan withdrawal liability is an exit fee which requires a employer to pay a portion of its pension plan's future benefits, which have not yet been funded through previous contributions or ...
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CFTC Defines Bitcoin & Cryptocurrency As Commodities

In an administrative enforcement action brought this past September against the bitcoin exchange Coinflip and its owner, the US Commodity Futures Trading Commission (CFTC) for the first time ruled ...
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Fifth Amendment Right Against Self Incrimination In Civil Securities and Commodities Enforcement Cases

The Fifth Amendment to the Consitution provides, in relevant part, that the "... accused shall not be compelled to give evidence against himself.” The protection of the Fifth Amendment ...
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Securities & Exchange Commission Form 10-12g: SEC Form 10 Its Applicability and Uses

A Form 10-12G Registration Statement (more commonly known as a "Form 10") is a registration statement used to register a class of securities pursuant to Section 12(g) of the Securities ...
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Responding to Criminal Investigation Inquiries

A big tongue and cheek, but Chelsea manager Jose Mourinho provides a phenomenal blueprint for responding to direct questioning by criminal authorities following his team's loss to Liverpool in the ...
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BitTorrent Copyright Lawsuits Northern District of Illinois - Week Ending August 29, 2015

For the week ending August 29, 2015, the United States District Court for the Northern District of Illinois saw the next wave of " Cobbler Nevada, LLC " "john doe" bittorrent ...
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BitTorrent & Video Piracy Lawsuit Review - Northern District of Illinois; Week Ending 05/30/14

For the week endin 5/30/2015 the United States District Court for the Northern District of Illinois saw a new entrant into the BitTorrent lawsuit arena file initial cases in this jurisdiction. Cobbler ...
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BitTorrent & Copyright Lawsuit Review - Week Ending 06/06/15

For the week ending June 6, 2015, the United States District Court for the Northern District of Illinois saw the next wave of Malibu Media "john doe" bittorrent lawsuits hit the dockets. ...
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BitTorrent & Copyright Lawsuit Review - Week Ending 05/30/2015

For the week ending 5/30/2015, the United States District Court for the Northern District of Illinois saw a new entrant into the BitTorrent lawsuit arena file initial cases in this jurisdiction. ...
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SEC Enforcement Review - Week Ending 5/30/15

r S.E.C. v. Gottbetter, Et Al. On May 26, 2015 the SEC brought criminal and civil charges against a NY securities attorney and two canadian stock promoters relating to a 6 year scheme to manipulate ...
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Regulation A+ Explained

Introduction In a groundbreaking announcement on March 25, 2015, the Securities and Exchange Commission announced final revisions to Regulation A. Deemed “Regulation A+”, the amended ...
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Securities Compliance Group Engaged for Regulation A+ Offering

(PRLEAP.COM) WHEATON, ILLINOIS, 18-May-2015 /prleap,com/ Attorney Adam Tracy and the Chicago based Securiteis Compliance Group announced today that it has been engaged by OrderOrange.com, Inc. , an ...
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SHAREHOLDER ALERT: Attorney Adam S. Tracy Announces Investigation into VeriTeQ Corp Over Recent Sale of Convertible Notes

(PRLEAP.COM) Beverly Hills, California — May 15, 2015 /prleap/ — This morning securities attorney Adam Tracy and the attorneys of the Securities Compliance Group, a leading securities law ...
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Understanding the Rule 144(d) Holding Period Requirements

Restricted securities are securities acquired in unregistered, private sales from the issuing company or from an affiliate of the issuer and cannot be resold under Rule 144 until the security holder ...
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Responding to SEC Trading Suspensions

Recently, the SEC has stepped up its enforcement efforts against OTC market participants in an effort to crack down on alleged manipulation and misleading public disclosure by issuers. Most notably, ...
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Securities and Exchange Commission Litigation Releases - Week Ending November 28, 2014

Paul Downey and Quest Energy Management Group The SEC charges two men and their firm wth a scheme to sell fraudulent limited partnership interests in oil and gas leases in Texas. Gregory Hold and ...
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SEC Administrative Proceedings - Week Ending 11/21/2014

Blue Moon Investments, Inc. The SEC files administrative proceedings seeking to terminate the registration of Blue Moon Investments, Inc., and others, for delinquent reporting. Forum National ...
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SEC Litigation Release - Week Ending 11/21/2014

SEC Charges San Francisco-Based Penny Stock Company CEO for Defrauding Investors in Pump-And-Dump Scheme The Securities and Exchange Commission charged a San Francisco-based penny stock company YesDTC ...
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The Rule 12g3-2(b) Exemption for Foreign Issuers

Issuers are generally required to register their securities with the Securities and Exchange Commission (the “SEC”) if they have 500 or more shareholders of record and $10 million or more ...
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Understanding the 3(a)(10) Exemption

Section 3(a)(10) of the Securities Act of 1933 (the "Act") exempts the offer and sale of securities in certain exchange transactions from the registration requirements of the Act. In Staff ...
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Securities Compliance Group Securities Compliance Group, LTD Adam S. Tracy, founder of the Securities Compliance Group, is an experienced corporate & securities attorney that handles initial public offerings, reverse mergers, securities offerings, compliance and private placement memorandums. Securities Compliance Group was founded in 2005 by Adam S. Tracy, an experienced attorney and capital markets consultant. A former competitive rugby player and serial entrepreneur, Adam Tracy has a wealth of experience on both sides of the table. He has advised many companies with regards to legal, compliance and capital markets matters. Corporate Lawyer 2005-05-05 Adam S. Tracy https://www.ibankattorneys.com/images/Logo.png
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Adam S. Tracy Facebook Twitter Google + LinkedIn Tumblr DePaul College of Law, J.D. DePaul Kellstadt Graduate School of Business, M.B.A University of Notre Dame, B.S., Finance University of Notre Dame, B.A., Computer Applications Supreme Court of Illinois United States Tax Court United States District Court for the Northern District of Illinois United States District Court for the Central District of Illinois United States District Court for the Southern District of Illinois United States District Court for the Eastern District of Michigan Male American Chicago
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