EXEMPT:"A person who acts as a business broker with respect to a transaction involving the offer or sale of all of the stock or other equity interests in any closely held corporation provided that such stock or other equity interest is sold to no more than one person, as that term is defined in the Act."- As quoted from 3 CCR 704-1:51-2.1.1 Paragraph B. Effective date of October 15, 2013. From an email written by Mike ErtelCo-Chair, AM&AA Licensure Task Force:TO: ALL SPONSORS OF AM&AA’s … [Read more...]
Colorado Proposes an Exemption from the Broker-Dealer Registration Requirements for Business Brokers – August 26, 2013
August 22, 2013 by
By: Trevor Crow, Dufford & Brown, P.C. The Colorado Division of Securities recently issued a notice of a public hearing, which is being held to amend Rule 51-2.1.1 to exclude business brokers from the definition of “Broker-Dealer” as that term is defined under the Colorado Securities Act (C.R.S. § 11-51-201(2)). The proposed amendment to Rule 51-2.1.1 adds a new Section B to the current rule. The new Section B is provided below. A full copy of the current Rule 51-2.1.1 is here. Rule … [Read more...]
Julian Izbiky Interviewed By Denver Business Journal
February 15, 2013 by
Dateline: February 15, 2013 Julian Izbiky of Izbiky & Associates, who is a CABI Sponsor and transactions attorney, was interviewed by Heather Draper of the Denver Business Journal about business owners in their 60's who are cashing out and selling their businesses to 40-somethings. Read the article entitled: "Boomers cashing out, 40-somethings cashing in." … [Read more...]
