The Role of the
by Jor Law
One of the hottest topics in the EB-5 industry is securities law compliance and what role the U. S. Securities and Exchange Commission, commonly referred to as the SEC, plays in it. In May 2014, at an industry conference in Washington, D. C., the SEC confirmed that they have provided U. S. Citizenship and Immigration Services( USCIS) adjudicators with basic securities law training. The SEC also confirmed that they are not only focused on anti-fraud issues, but are also looking at other issues, such as registration of certain people or entities involved in effecting EB-5 securities transactions. In fact, USCIS had already revealed in 2012 that they were cooperating with the SEC to ensure that actors in the EB-5 industry were properly following securities laws.
26 EB5 Investors Magazine