Promoters

  • Finders' Fees and Securities Laws
    Joel S. Heiser of Arter & Hadden LLP

    Generally speaking, federal and Ohio securities laws effectively prohibit finders or promoters from engaging or professing to engage, directly or indirectly, in the purchase or sale of securities with the expectation of receiving a commission, fee or other compensation as a result of such purchase or sale, unless they are properly licensed to engage in such activities.

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