Ensure blue sky compliance and gain the necessary skills you need to completely and accurately file.
Many lawyers and clients believe that federal securities law is the principal (and sometimes only) securities law to be observed. State securities laws are often overlooked, especially by clients.
Paralegals can play a major role in helping both the lawyer and especially the client. This is especially true in compliance with state securities laws (i.e., Blue Sky Laws). In the 50 states and District of Columbia, a company offering and selling securities must not only take into account the Securities Act of 1933 for federal compliance but also the state securities laws in which securities are offered and sold. This seminar is intended to acquaint the paralegal with the importance of Blue Sky Law compliance, the ways in which Blue Sky Law compliance can be achieved, samples of the differences (sometimes only slight, but nevertheless significant) in how state Blue Sky Laws are applied. For exempt offerings, Blue Sky Laws may offer more than one exemption. Examples of conversations and feedback of state securities administrators are given to help demonstrate the various applications of state Blue Sky Laws.
Agenda
Paralegal’s Role in Securities Laws Generally
- Assist Counsel
- Familiarity With State and Federal Securities Laws
- Preparation of Documents and Filings
An Overview of the Securities Laws
- The Securities Act of 1933
- Never Dismiss State Securities Laws (I.E., Blue Sky Laws)
Deeper Dive Into Blue Sky Territory
- Section 18 of the Securities Act (Nsmia) and Covered Securities
- The Meaning of Covered Securities
- The Significance of Nsmia for Blue Sky Laws
- Sample Blue Sky Filing Issues (Appendices A and B)
General Corporate
- Entity Formation
- Local Law Issues Such as UCC Searches and Certifications
- Proofreading
- Assisting With State Blue Sky Filings
The Paralegal and Law Practice
- Assisting the Lawyer With Securities Law Compliance
- Keep in Mind the Lawyer’s Responsibility
- Assisting Clients to Understand the Framework of Securities Law Compliance
Speakers
Michael D. Waters,
Jones Walker LLP- Partner in the Birmingham, Alabama office of Jones Walker LLP
- Practiced securities law for 38 years, representing companies in IPOs, and public companies in secondary offerings, mergers and acquisitions, proxy solicitations, annual and periodic reporting and exempt offerings
- Advised buyers and sellers in approximately 110 bank acquisitions, ranging from small community banks to the acquisition of a $34 billion institution
- Adjunct professor of law at the University of Alabama Law School where he taught banking law for 20 years and has taught mergers and acquisitions for the last 25 years
- Speaks at seminars on a variety of topics involving corporate, securities and bank regulatory issues, and is author of Proxy Regulation, a book published by the Practising Law Institute in New York in 1992 as part of its series on corporate and securities law
- Served as legal advisor to Governor Fob James of Alabama in 1979-1980
- Listed in Chambers USA, Alabama Super Lawyers, The Best Lawyers in America, and the Birmingham Magazine, Top Attorneys
- J.D. degree, University of Alabama School of Law; M.A. degree, Rhodes Scholar, Oxford University; B.A. degree, Duke University
Who Should Attend
This live webinar is designed for paralegals, legal assistants, associates and other legal professionals.
