James G. Salzman concentrates his practice on the regulation of securities offerings and broker-dealers under state securities laws. A substantial portion of Jim’s practice is also devoted to the qualification of public offerings under the FINRA Corporate Finance rules. He has years of experience advising clients on the laws and regulations applicable to conducting sweepstakes and contests.
Jim has experience registering public offerings under state laws and advising clients on the availability of exemptions from state registration, including providing guidance to nonprofit clients that seek to offer securities. As a large part of his practice, Jim advises investment fund clients and emerging growth companies on US federal and state private placement requirements, particularly for offerings pursuant to Regulation D under the Securities Act of 1933.
Jim also advises broker-dealers and investment advisers on state registration requirements and exemptions from registration, with a particular expertise in providing guidance on state notification requirements for mergers, consolidations, and similar transactions. He provides clients with surveys describing available state exemptions, such as for secondary trading.
For FINRA member clients, Jim files and qualifies public offerings with the FINRA Corporate Financing Department and advises on the applicability of FINRA public offering guidelines.
Jim has also advised numerous clients, both large and small, on the issues involved in conducting a sweepstakes or contest. In addition to drafting rules, he has experience in registering such promotions with applicable state authorities.