On March 29, 2023, a new exemption from SEC registration for brokers providing services in mergers and acquisitions (“M&A”) transactions officially went into effect. The exemption,.
A new federal law goes into effect March 29, 2023 that conditionally exempts from broker-dealer registration persons who solely intermediate small, private company M&A deals. Persons.
Brokers who specialize in the sale or purchase of private companies ("M&A Brokers") have long been an uncomfortable fit under the rules applying to securities broker-dealers.