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

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

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