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SEC Relies On Questionable Legislative History In Proposed VC Definition

I’m still cogitating on the Securities and Exchange Commission’s definition of “venture capital fund” that it proposed last Friday in Release No. IA-3111.  Here are some first impressions. The SEC...

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Bill Aims To Exempt Venture Capital Company Equity Security Investments From...

California requires persons who are engaged in the business of making loans to be licensed under the Finance Lenders Law.  Cal. Fin. Code § 22000 et seq.  This had been an issue for venture capital...

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