Banking and Finance

Recent Posts

Construction Jobs Count in EB-5 Projects: Can We Count the Jobs with Confidence?
Posted on 20 Jun 2012 by Mona Shah & Yi Song

For the more seasoned EB-5 practitioner, memories of when construction jobs could not be counted towards the job creation requirement remain vivid. While it is true that the some construction jobs may now be counted, with the plethora of real estate... Read More

EB-5 Stand-Alone Petitions and EB-5 Regional Center Petitions: Which One Makes Sense for My Project?
Posted on 23 May 2013 by Mona Shah & Yi Song

An EB-5 investment can take one of two forms. The investor can invest in a free-standing project, often termed as "the stand-alone EB-5"/ "Direct EB-5" or the investor can make his/ her investment through a "regional center"... Read More

EB-5 Practice under the JOBS Act
Posted on 25 Jul 2012 by Yi Song

Since the Jumpstart Our Business Startups Act (JOBS Act) was passed by Congress this past April, the EB-5 community has waited in anticipation for the Securities Exchange Commission (SEC) to revise its rul es to remove the prohibition on general solicitation... Read More

Country Specific Issues in EB-5 Practice – China
Posted on 20 Jun 2012 by Yi Song

The People's Republic of China is one country that EB-5 practitioners and related EB5 professionals cannot afford to neglect. The top 5 countries [1] in 2012, for EB-5 alien entrepreneurs are: China, South Korea, Taiwan (region), Iran and Venezuela... Read More

EB-5 Practice under SEC Proposed Rules to Implement the JOBS Act
Posted on 12 Oct 2012 by Yi Song

Regional Centers [1] lawfully raise capital within the EB-5 Program [2] pursuant to one or more exemptions from registration set forth in the United States securities laws. The most commonly utilized exemptions in EB-5 offerings are Regulation D ... Read More

The Practical Implications of the "JOBS" Act for EB-5 Practice
Posted on 16 Apr 2012 by Yi Song

On March 22, 2012 Washington, DC, "Jumpstart Our Business Startups" (JOBS) Act was passed by the Senate, following its passage on March 8, 2012 by the House of Representatives. The purpose of the said legislation is to ease the regulatory... Read More

SEC Lifted Ban on General Solicitation: What Does it Mean in EB-5 Practice?
Posted on 15 Jul 2013 by Yi Song

On July 10, 2013, the Securities and Exchange Commission (SEC) adopted a new rule under the JOBS Act, which repeals the prohibition on general solicitation for private securities offerings relying on Rule 506 of Regulation D exemption. This is certainly... Read More

How the ACCC Scandal has Disturbed the EB-5 Market in China – Current Market Trends and Updates
Posted on 12 Mar 2013 by Mona Shah & Yi Song

Introduction: On February 6, 2013, the Securities and Exchange Commission (SEC) charged the EB-5 project A Chicago Convention Center (ACCC) and its principal Anshoo R. Sethi with securities fraud. The project was marketed primarily in China, with... Read More

New Leadership in China and EB-5 Practice
Posted on 6 Dec 2012 by Yi Song

The seven-member Politburo Standing Committee in China greeted the world in the Great Hall of the People on November 15, 2012 in Beijing. What does the new leadership in China mean to EB-5 practice? Most believe it is too early to tell. However, a... Read More

SEC Delays Rules on Key EB-5 Section in JOBS Act
Posted on 11 Dec 2012 by Yi Song

When the JOBS Act was enacted in April 2012, it raised a significant amount of excitement in the EB-5 community. At the time, there was a general consensus that the Act could change the landscape of EB-5 private offerings. However, the Securities and... Read More

  • Blog Post: The Practical Implications of the "JOBS" Act for EB-5 Practice

    On March 22, 2012 Washington, DC, "Jumpstart Our Business Startups" (JOBS) Act was passed by the Senate, following its passage on March 8, 2012 by the House of Representatives. The purpose of the said legislation is to ease the regulatory burden on small companies for raising capital...
  • Blog Post: Country Specific Issues in EB-5 Practice – China

    The People's Republic of China is one country that EB-5 practitioners and related EB5 professionals cannot afford to neglect. The top 5 countries [1] in 2012, for EB-5 alien entrepreneurs are: China, South Korea, Taiwan (region), Iran and Venezuela. Chinese investors account for an overwhelming...
  • Blog Post: Construction Jobs Count in EB-5 Projects: Can We Count the Jobs with Confidence?

    For the more seasoned EB-5 practitioner, memories of when construction jobs could not be counted towards the job creation requirement remain vivid. While it is true that the some construction jobs may now be counted, with the plethora of real estate projects being introduced and managed by Regional...
  • Blog Post: EB-5 Practice under the JOBS Act

    Since the Jumpstart Our Business Startups Act (JOBS Act) was passed by Congress this past April, the EB-5 community has waited in anticipation for the Securities Exchange Commission (SEC) to revise its rul es to remove the prohibition on general solicitation and general advertising under Regulation...
  • Blog Post: EB-5 Practice under SEC Proposed Rules to Implement the JOBS Act

    Regional Centers [1] lawfully raise capital within the EB-5 Program [2] pursuant to one or more exemptions from registration set forth in the United States securities laws. The most commonly utilized exemptions in EB-5 offerings are Regulation D (the Private Placement exemption) and Regulation S...
  • Blog Post: New Leadership in China and EB-5 Practice

    The seven-member Politburo Standing Committee in China greeted the world in the Great Hall of the People on November 15, 2012 in Beijing. What does the new leadership in China mean to EB-5 practice? Most believe it is too early to tell. However, a few welcoming changes have already taken place. ...
  • Blog Post: SEC Delays Rules on Key EB-5 Section in JOBS Act

    When the JOBS Act was enacted in April 2012, it raised a significant amount of excitement in the EB-5 community. At the time, there was a general consensus that the Act could change the landscape of EB-5 private offerings. However, the Securities and Exchange Commission's (SECs) indefinite delay...
  • Blog Post: How the ACCC Scandal has Disturbed the EB-5 Market in China – Current Market Trends and Updates

    Introduction: On February 6, 2013, the Securities and Exchange Commission (SEC) charged the EB-5 project A Chicago Convention Center (ACCC) and its principal Anshoo R. Sethi with securities fraud. The project was marketed primarily in China, with great pomp and fanfare. It offered 499 limited...
  • Blog Post: EB-5 Stand-Alone Petitions and EB-5 Regional Center Petitions: Which One Makes Sense for My Project?

    An EB-5 investment can take one of two forms. The investor can invest in a free-standing project, often termed as "the stand-alone EB-5"/ "Direct EB-5" or the investor can make his/ her investment through a "regional center", which is an economic unit, public or private...
  • Blog Post: SEC Lifted Ban on General Solicitation: What Does it Mean in EB-5 Practice?

    On July 10, 2013, the Securities and Exchange Commission (SEC) adopted a new rule under the JOBS Act, which repeals the prohibition on general solicitation for private securities offerings relying on Rule 506 of Regulation D exemption. This is certainly exciting progress for the capital raise in EB...