What is LawCast™?
Corporate Finance News
The small-cap marketplace isn’t so small anymore. In the past two decades small-cap stocks have become more conventional as the regulations that govern them in order to protect investors increase in scope and complexity. The Wild West of low-priced issues has been tamed and replaced with a larger, more orderly marketplace that has joined the ranks of its larger counterparts.
This broader proliferation of the small-cap market means that issuers on all exchanges have an even greater responsibility to operate with a higher degree of compliance and transparency.
More than 10,000 companies trade just on the OTC Markets. Another 10,000 small-cap companies trade on exchanges such as the NASDAQ and NYSE. Each one of these companies dedicates millions of dollars and tens of thousands of manpower hours in order to attract the most qualified investors.
Every single publicly traded company fights for the attention of the investment community while simultaneously satisfying federal reporting requirements, maintaining shareholder communications, coordinating PCAOB audits, securing financing, vetting potential officers and directors, seeking merger partners, ferreting out acquisitions, and, ideally, running a profitable business at the same time. In the process, it’s very easy to make a multimillion-dollar mistake.
LawCast Keeps Corporate Finance Professionals Informed
LawCast is produced to assist OTC, NASDAQ and NYSE MKT issuers, market makers, PCAOB auditors, investment bankers, transfer agents, securities attorneys, accredited investors and every other conceivable corporate finance professional or participant. Since the inception of LawCast viewership has grown dramatically and securities industry professionals have grown to depend on LawCast for current corporate finance news and developments.
Essential Information in Five Minutes or Less
Each LawCast episode is approximately five minutes in run time and provides comprehensive yet succinct answers to some of the most common questions asked by Pubco issuers and other corporate finance professionals, including, for example:
- What does a securities attorney contribute to a going public transaction?
- How are DTC chills removed?
- What is the merger-and-acquisition process?
- What are the benefits of a reverse merger?
- How does a company go public by IPO?
- Can an IPO be conducted without the assistance of an investment banker?
- What is Rule 144 and how does it work?
- How does a private company go public by filing an S-1 Registration Statement?
- What is a Form 10 Registration Statement?
- How many shareholders does a private company need to go public?
- What are public company reporting requirements?
- What are the ongoing expenses of a public company versus a private company?
- OTCQX Requirements, Rules, and Standards
LawCast profiles current industry developments such as proposed rule changes, continuing rule making and implementation of the JOBS Act provisions, SEC and FINRA enforcement initiatives and real-world issues such as depositing small-cap securities with brokerage firms and establishing trading markets. LawCast was designed to be a news service that satisfies the informational needs of a very specific sector of the American economy: the corporate finance industry, the venue where concepts become realities and burgeoning businesses become international household names.
Leading the Information Forefront
LawCast perpetually remains current with the informational needs of the OTC, NASDAQ, and NYSE marketplace. In addition to the law itself, industry trends and practices are perpetually changing; established ones fall to the wayside and are quickly replaced with contemporary, lesser-known practices. Private placement offerings, direct public offerings, OTC and exchange listing requirements, state blue-sky laws, FINRA disclosure requirements, market maker responsibilities and 15c2-11 applications are just a handful of the subjects LawCast clarifies in clear, understandable language.
LawCast does more than just report news pertaining to corporate finance, mergers and acquisitions, securities law and deal scenarios. LawCast producers strive to stay ahead of the information curve by reporting anticipated changes that may potentially impact Pubco CEO’s, officers and directors.
The philosophy that propels LawCast is simple: Insight is knowledge; foresight is an advantage.
Trendsetting Focus on Regulation A+
One such example of this industry anticipation is LawCast’s ongoing coverage of Regulation A and Regulation A+. While the securities industry was mulling over the impact of the passage of Regulation A and Regulation A+ by the SEC, LawCast was already producing and broadcasting a series of segments that explained the value and importance of this new form of financing.
The series of Regulation A+ segments culminated with an article entitled "Attorney Laura Anthony Talks Testing the Waters and Regulation A+ on LawCast."
The Inception of LawCast
Attorney Laura Anthony is the founding partner of the corporate and securities law firm Legal & Compliance, LLC. She is also the producer and host of LawCast™.
LawCast was created by Ms. Anthony in 2014 and features dozens of news segments that explain the complexities of corporate finance and securities law in language that is easily understood and highly applicable.
LawCast began as a simple concept and has developed into a contemporary news source for virtually everyone who wants to understand the latest developments in the rules, regulations, opportunities and advancements in corporate finance. The concept was to create a media outlet comparable to Bloomberg and CNBC, but organized like a video library. LawCast successfully navigated a rough road on its way from concept to execution, but its current incarnation has developed momentum and viewership continues to increase.
“For nearly my entire career I relied on Bloomberg News and The Wall Street Journal to stay on top of what was happening in corporate finance,” Ms. Anthony explained. She continued, “I was always intrigued with print and broadcast media and wanted to create a news platform that dovetailed with my law practice and benefited our clients. About five years ago podcasts were becoming mainstream and I watched hundreds of them but I never found any that possessed the same broadcast quality as CNBC or Bloomberg News. When I realized this void existed I knew that all I had to do was bridge the gap between broadcast news and podcasts and there would be a large viewership already waiting. The rest happened quickly; LawCast went from concept to execution in a matter of weeks.”
Previous topics include:
- Merger and Acquisition Transactions
- The SEC Comment and Response Process
- Responding to SEC Comments
- SEC Comment Letter Process
- SEC Disclosure and Disclosure Requirements
- SEC Regulation S-K
- Regulation S-K Concept Release
- SEC Disclosure Requirements
- Regulation S-K Financial Disclosure Requirements
- SEC Disclosure Requirements and Regulation S-K
- SEC Reporting Requirements
- NASDAQ Listing Requirements Share Price
- NASDAQ Listing Requirements and the Seasoning Rule
- NASDAQ Requirements and Corporate Governance Standards
- NASDAQ Listing Requirements and the Definition of Independent Director
- The NASDAQ Listing Application
- NASDAQ Listing Requirements and Disclosures
- OTC Markets, OTCQX Benefits, and NASDAQ
- NYSE MKT Listing Requirements
- NYSE MKT Listing Standards and Requirements
- NYSE MKT Application
- NYSE MKT Corporate Governance Requirements
- NYSE MKT Rules
- NYSE MKT, Controlled, and Smaller Reporting Companies
- Rule 145- Registration and Resale Requirements
- What is a Security?
- The Definition of a Security
- The Howey Test
- The Howey Test and Investment Contracts
- The Reves Test and the Family Resemblance Test
- OTCQX Requirements, Rules, and Standards
- OTCQX Eligibility Requirements
- How to IPO on the OTCQX
- Eligibility Requirements for OTCQX
- OTCQX Rules for U.S. Premier Companies
- OTCQX Rules for International Companies
- Exemption to Reporting Requirements for International Issuers
- OTCQX Application Details
- OTCQX Advisor and PAL
- OTCQB Initial Requirements
- OTCQB Initial Certification
- OTCQB Ongoing Requirements
- Testing the Waters Under Regulation A+
- Form 1-A Filing
- Test-the-Waters Solicitation Materials on LawCast
- Regulation A+ and the Legal Aspects of Testing the Waters
- Regulation A+ Tier 1 Offerings Do Not Preempt State Law
- Registered Offerings Using Form S-1
- Testing the Waters When Conducting An Offering Using Form S-1
- The Pre-Filing Period of Testing the Waters
- Testing the Waters - Section 105c of the JOBS Act
- Testing the Waters - Rule 134
- Testing the Waters - Free Writing Prospectus
- Testing the Waters – Road Shows
- Testing the Waters - Smaller Reporting Company
- Testing the Waters - Rule 135
- What is a Reverse Merger?
- Reverse Mergers - Documenting the Transaction
- Reverse Mergers - Costs
- Reverse Mergers - Determining the Valuation of the Operating Business
- Reverse Mergers - Advantages and Disadvantages
- Foreign Private Issuers - An Introduction
- Foreign Private Issuers on the OTC
- Foreign Private Issuers - F Forms
- Seth Farbman of VSTock Transfer Talks Transfer Agent Responsibilities
- Foreign Private Issuers - Foreign Private Issuers and ADR's
- India - An Emerging Market for U.S. Investors
- Foreign Private Issuers - Exchange Act Reporting Requirements and Rule 12g3-2b
- A Comparison of Smaller Reporting Companies and Emerging-Growth Companies
LawCast Producer and Host Attorney Laura Anthony
Even though each LawCast segment has a run time of five minutes or less, every episode conveys a technical concept in a manner that is universally understood. In order to accomplish this, an original, well-written and concise script is required to produce each segment.
In addition to managing a staff of attorneys, flying nationwide to meet with potential clientele and coordinating dozens of corporate transactions at any given time, Attorney Laura Anthony produces and hosts approximately 150 LawCast segments annually. On a weekly basis Ms. Anthony also scripts approximately three LawCast episodes.
“Fortunately I love to write,” Ms. Anthony said. She continued,“I never run into the issue of writer’s block. I have the opposite problem; there are never enough hours in the day to write. News is always occurring in the corporate finance sector and after more than 20 years in the business I’ve got a treasure trove of experience to use as a foundation for whatever is happening now. It generally takes me less than 30 minutes to create a draft for a LawCast segment and all of them are written the same day they are shot. The script is my first priority of the day, so my fingers are on the keyboard at about 6:00 a.m. I would love to have scriptwriters but I know that production values would be compromised. Each LawCast consists of my own perspective in my own words, so every segment possesses the ideal balance of clarity and sincerity.”
Laura Anthony, Esq.
Anthony L.G., PLLC
A Corporate Law Firm
Securities attorney Laura Anthony and her experienced legal team provide ongoing corporate counsel to small and mid-size private companies, OTC and exchange traded public companies as well as private companies going public on the Nasdaq, NYSE American or over-the-counter market, such as the OTCQB and OTCQX. For more than two decades Anthony L.G., PLLC has served clients providing fast, personalized, cutting-edge legal service. The firm’s reputation and relationships provide invaluable resources to clients including introductions to investment bankers, broker-dealers, institutional investors and other strategic alliances. The firm’s focus includes, but is not limited to, compliance with the Securities Act of 1933 offer sale and registration requirements, including private placement transactions under Regulation D and Regulation S and PIPE Transactions, securities token offerings and initial coin offerings, Regulation A/A+ offerings, as well as registration statements on Forms S-1, S-3, S-8 and merger registrations on Form S-4; compliance with the Securities Exchange Act of 1934, including registration on Form 10, reporting on Forms 10-Q, 10-K and 8-K, and 14C Information and 14A Proxy Statements; all forms of going public transactions; mergers and acquisitions including both reverse mergers and forward mergers; applications to and compliance with the corporate governance requirements of securities exchanges including Nasdaq and NYSE American; general corporate; and general contract and business transactions. Ms. Anthony and her firm represent both target and acquiring companies in merger and acquisition transactions, including the preparation of transaction documents such as merger agreements, share exchange agreements, stock purchase agreements, asset purchase agreements and reorganization agreements. The ALG legal team assists Pubcos in complying with the requirements of federal and state securities laws and SROs such as FINRA for 15c2-11 applications, corporate name changes, reverse and forward splits and changes of domicile. Ms. Anthony is also the author of SecuritiesLawBlog.com, the small-cap and middle market’s top source for industry news, and the producer and host of LawCast.com, Corporate Finance in Focus. In addition to many other major metropolitan areas, the firm currently represents clients in New York, Los Angeles, Miami, Boca Raton, West Palm Beach, Atlanta, Phoenix, Scottsdale, Charlotte, Cincinnati, Cleveland, Washington, D.C., Denver, Tampa, Detroit and Dallas.
Ms. Anthony is a member of various professional organizations including the Crowdfunding Professional Association (CfPA), Palm Beach County Bar Association, the Florida Bar Association, the American Bar Association and the ABA committees on Federal Securities Regulations and Private Equity and Venture Capital. She is a supporter of several community charities including siting on the board of directors of the American Red Cross for Palm Beach and Martin Counties, and providing financial support to the Susan Komen Foundation, Opportunity, Inc., New Hope Charities, the Society of the Four Arts, the Norton Museum of Art, Palm Beach County Zoo Society, the Kravis Center for the Performing Arts and several others. She is also a financial and hands-on supporter of Palm Beach Day Academy, one of Palm Beach’s oldest and most respected educational institutions. She currently resides in Palm Beach with her husband and daughter.
Ms. Anthony is an honors graduate from Florida State University College of Law and has been practicing law since 1993.
Contact Anthony L.G., PLLC. Inquiries of a technical nature are always encouraged.
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Lawcast is derived from the term podcast and specifically refers to a series of news segments that explain the technical aspects of corporate finance and securities law. The accepted interpretation of lawcast is most commonly used when referring to LawCast.com, Corporate Finance in Focus. Example; “LawCast expounds on NASDAQ listing requirements.”
Anthony L.G., PLLC makes this general information available for educational purposes only. The information is general in nature and does not constitute legal advice. Furthermore, the use of this information, and the sending or receipt of this information, does not create or constitute an attorney-client relationship between us. Therefore, your communication with us via this information in any form will not be considered as privileged or confidential.
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