Capital Markets

March 06 2018
Brian D Hirshberg SEC grants principles-based Section 3(c)(5)(C) relief

USA - Morrison & Foerster LLP

In a recent principles-based grant of relief, the Securities and Exchange Commission (SEC) focused on the business activities of the particular issuer, instead of whether a particular asset is a qualifying asset, in determining the availability of the Section 3(c)(5)(C) exemption. Mortgage real estate investment trusts should consider obtaining confirmation from the SEC regarding their own particular business activities in order to avoid any potential future uncertainty.

Author: Brian D Hirshberg
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Recent updates

Anna T Pinedo SEC budget highlights capital formation and small business capital formation

USA - Morrison & Foerster LLP

Author: Anna T Pinedo

Upcoming events

ABA Section of International Law 2018 Annual Conference

April 17-21 – New York City

We look forward to welcoming you in New York for the American Bar Association (ABA) Section of International Law’s 2018 Annual Conference, to be held at the Grand Hyatt New York. The theme of the conference is “At the Crossroads: The Fusion of Private and Public International Law”. This multi-day event will provide a one-stop shop where you can get your Continuing Legal Education (CLE) credits, partake in exceptional networking opportunities with expert professionals and listen to keynote addresses from our outstanding luncheon speakers. The conference will kick off on Tuesday, April 17 with a day of skills programmes. Our reception venues include The Rainbow Room and Bryant Park Grill. The Annual Conference is a ‘must-attend’ meeting for lawyers with a practice or interest in international legal issues. The Annual Conference is a “must-attend” meeting for lawyers with a practice or interest in international legal issues.

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IBA - 19th Annual International Conference on Private Investment Funds

March 11-13 2018 – London, England

Now in its 19th year, this leading conference brings together top legal, business and fund professionals from around the globe to analyse the current market and future of private investment funds, the prospect of changes and updates to regulatory and tax regimes, among other timely topics.

For more details go to: