Rule 144 Lawyer

Call 888-978-9901 to Request a Consultation

We work with shareholders, brokers, corporate issuers and market makers, helping make the most of Rule 144 that allows for the public resale of controlled and restricted securities contingent on some conditions. Our attorneys are here to help you make sure that you meet these conditions. Get in touch with to better plan and execute the sale of restricted or controlled securities.

Are you an executive who is planning to sell restricted or control stock? Under the United States Securities Laws, shares of stock will have to be registered with the Securities and Exchange Commission prior to the selling of such stock in the open marketplace. Rule 144, however, is an exception to this requirement.

Rule 144 allows for the public resale of control securities and restricted securities when a set of conditions are met. If you need to sell your restricted or control securities, we encourage you to speak with the Securities Compliance Group today.

Selling Restricted or Control Stock Under Rule 144

Control securities are held by an executive of an issuing company and restricted securities are those which are obtained in unregistered and private sales or from an affiliate of the issuer. If you want to sell your restrictive or control securities, you will need to meet the conditions that are set forth in Rule 144.

Following are the conditions of Rule 144:

  • Completion of the holding period – You must hold the restricted securities for a certain period of time depending on the company that issued the securities.
  • Adequate amount of information on the issuing company – There will need to be a sufficient amount of information regarding the issuing company available before the sale can be completed.
  • Trading volume formula compliance – The formula determines what percentage of the share will be sold in a given period of time.
  • Ordinary brokerage transaction usage – The sales must be handled as a routine trading transaction in all aspects.
  • Filing a notice of proposed sale – The affiliate will need to submit a notice with the SEC and will need to complete the sale within three months.

Contact Securities Compliance Group

As an executive or director within a company, you may face a Rule 144 matter that will need the close attention of a dedicated lawyer from Securities Compliance Group. We offer total representation to help you handle your securities needs. We have provided high-quality representation to issuers and shareholders in various aspects of securities law. We offer one day turnaround for all Rule 144 opinion letters. In addition, we can seek out solutions to complex restricted stock situations. Do not hesitate to email our company today!

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
2100 Manchester Road, Suite 615 Wheaton, IL 60187 United States of America 1-888-978-9901 1-630-689-9471 at (at) Chicago, IL 60601 Wheaton, IL 60187 Beverly HIlls, CA 90210
Securities Compliance Group 2100 Manchester Road, Suite 615, Wheaton, IL 60187 1-888-978-9901 USD Open: Monday-Friday 09:00-17:00 cash, credit cards, wire transfers, Bitcoin $$ to $$$ 9,+Wheaton,+IL+60187/@41.8642783,-88.1403152,17z/data=!3m1!4b1!4m5!3m4!1s0x880e55a812b97c47:0x7b9b43b052150e85!8m2!3d41.8642783!4d-88.1381265?hl=en
Latitude: 41°51'51.6"N Longitude: 88°08'16.2"W
9107 Wilshire Blvd., Suite 450 Beverly Hills, CA 90210 United States of America
Latitude: 34°04'03.3"N Longitude: 118°23'22.5"W
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
5411 541110