Howey test — Blog — Whitman Legal Solutions LLC

Raising Money for a Business or Investment from Friends and Family May Require Compliance With Securities Laws

People raising money for a small business or real estate investment may be surprised that they are selling investment contracts subject to federal and state securities laws.

Real Estate Investments, Securities LawElizabeth WhitmanJanuary 8, 2022Elizabeth A Whitman, Elizabeth whitman, Whitman Legal Solutions, investment contract, investment real estate, real estate fund, Howey test, SEC v. Howey, transaction-based compensation

Bach to Business

Our award-winning blog draws from Elizabeth Whitman’s background in and passion for classical music to illustrate creative solutions for complex legal challenges for businesses and real estate investors.