Is Your Placement Agent Legit?

I received several comments and private emails about my post on Investment Agents -- Good or Bad? A colleague sent me a good follow up note adding some flesh to my comment that the ratio of charlatans to qualified agents is 100:1.

He's asked to remain anonymous, so I thought I'd summarize his comments here; the basic message being that there are some non-trivial legal considerations for the role the placement agent plays in soliciting investors and structuring the transaction. In general, the SEC may turn a blind-eye if the agent...

Posted on 01.06.2006 by Randy Kenworthy

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