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Re: speckulater post# 287883

Friday, 04/26/2019 7:17:37 PM

Friday, April 26, 2019 7:17:37 PM

Post# of 377833
Just another securities violation:

The JOBS Act and the FAST Act raised the thresholds for registration and termination of registration for a class of equity securities under Exchange Act Section 12(g). As a result of the statutory changes, an issuer that is not a bank, bank holding company or savings and loan holding company is required to register a class of equity securities under the Exchange Act if:

it has more than $10 million of total assets; and
the securities are “held of record” by either 2,000 persons, or 500 persons who are not accredited investors.

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