SEC Form D and Form U-2, Form U-2A and Form 99 in New York
We assist fund managers and other private issuers operating under an exemption pursuant to the Securities Act of 1933. Hannah Terhune, an experienced fund attorney, can answer your questions and handle most regulatory filings, leaving you free to raise capital and run your business.
Do You Know When to File SEC Form D? It is important to know when the state blue sky filing should be made (before or after an "offer" is made to a prospect), what forms need to be filed, and the exemption duration once the filing is cleared with the state. No matter what type of offering you are associated with, always be prepared to file Form D with the Securities and Exchange Commission in Washington, DC
Do You Know When to File Form U-2 or Form U-2A? Be wary of the term "offer" as sending even an executive summary or a term sheet constitutes an offer if it recites price or terms of the offering. Not all states have a "grace period" in which to claim the exemption from registration under the securities laws. Some states require that you file Form D prior to admitting an investor your fund. Some states also require a copy of your offering documents, Form U-2, Form U-2A, Form U-4, and/or an issuer dealer representation. Allow plenty of time for compliance as many states require the filing of special forms or issuer representations, which require preparation by us and signature by you before the filing deadline.
New York Form 99 In New York, four filings are required. These filings must be accepted by New York one (1) day before an offering is made to a prospect in New York. New York State filing fees are approximately USD $1400 and the duration of the exemption from registration obtained under New York's securities laws is four (4) years.
Customer Testimonial Capital Management Services Group and Hannah Terhune have been instrumental in helping me establish a forex fund. I have been particularly impressed with Hannah's willingness from the beginning to advise me on the various options I had, and in helping me chart the appropriate course given my goals. She was very helpful in addressing and answering my many questions and I greatly appreciate her advice. As someone who was launching his first fund, I've greatly appreciated the support I received from her and her staff. I look forward to my ongoing relationship with Hannah Terhune and CMSG.
You get answers to your specific questions NOW by speaking directly to Hannah Terhune, an experienced hedge fund attorney. Her hard won wisdom can save you a lot of unnecessary steps and wasted effort. The consult is a valuable opportunity to speak to Hannah one on one to learn how to achieve more in less time. The return on your investment more than makes up for the cost by helping you to avoid costly mistakes. A 30-minute phone consultation with Hannah Terhune for USD$150 offers you a great value.
Customer Testimonial Dear Hannah, Now that the initial workload of establishing my fund is complete and we are up and running, I wanted to take a break and thank you and your staff for the very professional and timely work. As you will recall, we had several conversations about the start-up process over the past couple of years, and it was your patience and encouragement that I could get it done affordably and that I would be in complete compliance that encouraged me to proceed. It is a tribute to your reputation and organization that though I am in a small town in xxxxxxx and we never met in person, I have confidence in the fact that I am represented by someone who is a leader in the legal and tax issues regarding hedge funds. I would be pleased to serve as a reference to anyone who might wish to discuss your services.
CapitalManagementServicesGroup.com is recognized by discriminating fund managers and traders as being the foremost tax and legal authority in the business. Attorney Hannah Terhune's expertise and indispensable advice about hedge tax and law has appeared in over 100 publications worldwide. Chances are, if you've read about it, she's written it. Give us the opportunity to use that knowledge and experience for you. CMSG provides the best services and support needed for hedge fund projects and associated activities in one convenient place, saving you time and energy. No need to coordinate work between different firms; we handle the job, start to finish, right here. Hedge fund and money management accounting, tax services, tax preparation, consulting, entity and retirement plan formation services, you receive the total package. Our professionals provide the highest quality services at competitive rates. But don't take our word for it, give us a call and let us prove what we can do.