Merger and acquisition firms often referred to as M&A brokers are investment bankers who function as intermediaries to facilitate the sale of private businesses by locating sellers for.
As noted in our prior blog post, on 29 December 2022, President Biden signed into law the Consolidated Appropriations Act of 2023 (H.R. 2617). Among the routine federal funding.
Merger and Acquisition brokers must rely on a no action letter published by the SEC in order to engage in the business of effecting M and A securities transactions of privately held companies without registering as a broker with the SEC. Congress passed an exemption.
An end-of-year omnibus package included a few small business legislative victories related to retail theft, employee benefits plans, and mergers and acquisitions.
North American Securities Administrators Association expressed support of regulatory relief for merger and acquisition brokers and legislation S 3529, HR 5419 that would provide grants to state securities and insurance regulators. The program would be administered by the SEC.