Pircher, Nichols & Meeks

Jobs Act Improves Access to Capital Markets for Issuers of Real Estate Securities
Michael R. Ray,Steven H. Shapiro, April 10, 2012
Today President Obama signed the “Jumpstart Our Business Startups Act” (JOBS Act), improving access to the capital markets for certain real estate issuers as well as other issuers. Specifically, the legislation codifies significant reforms designed to, among other things, encourage...

California Proposes State Registration Exemption for Investment Advisers to Private Funds Exempt from Sec Registration
Andrea H. Bricker,Barry A. Brust,William Howard Jackson,Michael R. Ray,Steven H. Shapiro, February 8, 2012
Now that the federal exemption from investment adviser registration under the Investment Advisers Act of 1940 (the “Advisers Act”) for advisers to 15 or fewer clients (the “Private Adviser Exemption”) has been eliminated by the Dodd-Frank Wall Street Reform and Consumer...