IIUSA Blog

EB-5 Regional Center Industry News & Analysis

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16 Oct, 2013

SEC Civil Enforcement Action Against Intercontinental Regional Center Trust of Chicago Appears Headed to Settlement

October 16th, 2013|Categories: Government Affairs, Research / Analysis, Securities & Exchange Commission (SEC), Securities Law|

By Spencer Mc Grath-Agg, Esq. | The Law Office of Spencer McGrath-Agg On February 6, 2013, the Securities and Exchange Commission (“SEC”) filed a complaint in the United States District Court for the Northern District of Illinois against A Chicago [...]

10 Oct, 2013

Government Shutdown’s Implications on EB-5 Related Services

October 10th, 2013|Categories: Bureau of Economic Analysis (BEA), CIS Ombudsman, Congress, Dept of Homeland Security (DHS), Dept of Labor (DOL), Dept of State (DOS), Dept of Treasury, Government Affairs, Securities & Exchange Commission (SEC), SelectUSA, U.S. Citizenship & Immigration Services (USCIS), White House|

Certain components of the federal government that have roles within the EB-5 Program have been affected by the current federal government shutdown.  Below is a brief summary highlighting these effects according to their respective government agency affiliation (with links to [...]

7 Oct, 2013

SEC/USCIS Offer Guidance on EB-5 Due Diligence, Adding Growing Body on the Subject

October 7th, 2013|Categories: Dept of Homeland Security (DHS), Financial Services, Government Affairs, Immigration Law, Press Releases, Press Room, Research / Analysis, Securities & Exchange Commission (SEC), Securities Law, U.S. Citizenship & Immigration Services (USCIS)|

On Tuesday, October 1, the U.S. Securities and Exchange Commission’s (“SEC”) Office of Investor Education and Advocacy and U.S. Citizenship and Immigration Services (“USCIS”) jointly issued an “Investor Alert” warning individual investors about fraudulent investment scams that exploit the EB-5 Immigrant Investor Program.  This [...]

2 Oct, 2013

IIUSA Supports Inter-Agency Collaboration to Protect the Integrity of the EB-5 Program

October 2nd, 2013|Categories: Dept of Homeland Security (DHS), Government Affairs, Immigration Law, Press Room, Research / Analysis, Securities & Exchange Commission (SEC), Securities Law, Statements, U.S. Citizenship & Immigration Services (USCIS)|Tags: |

CHICAGO, October 1, 2013 - The Association to Invest In the USA (IIUSA), the trade association representing more than 100 EB-5 Regional Centers, supports the recent action of the U.S. Securities and Exchange Commission (SEC) to stop a Regional Center in Texas from allegedly defrauding EB-5 investors.  [...]

30 Sep, 2013

Trade Mission to China & Taiwan, Trip to Washington DC Recapped

September 30th, 2013|Categories: AmCham South China, CIS Ombudsman, Conferences, Congress, Dept of Homeland Security (DHS), Events, Financial Industry Regulatory Authority (FINRA), Government Affairs, Overseas, Partners, Securities & Exchange Commission (SEC), SelectUSA, Speaking Engagements, State / Local, U.S. Citizenship & Immigration Services (USCIS)|

Part One: CIFIT & TICA Earlier this month, IIUSA had the privilege of leading a trade mission of over 115 IIUSA members to the 17th Annual China International Fair for Trade & Investment (CIFIT) in Xiamen.  IIUSA was honored to [...]

21 Aug, 2013

JOBS Act Rules, Now Published, Will Take Effect on 9/23/2013

August 21st, 2013|Categories: Government Affairs, Research / Analysis, Securities & Exchange Commission (SEC), Securities Law|

The U.S. Securities and Exchange Commission has issued regulations implementing a portion of the Jumpstart Our Business Startups Act (JOBS Act) allowing an issuer enjoying exemption from registration under Rule 506 of Regulation D to engage in general solicitation and [...]

20 Aug, 2013

Update on Chicago Convention Center Case: Decision by Court on Jurisdiction

August 20th, 2013|Categories: Government Affairs, Research / Analysis, Securities & Exchange Commission (SEC), Securities Law|

Recent activity in the Securities & Exchange Commission (SEC) enforcement action against the Intercontinental Regional Center Trust of Chicago and its affiliated companies may have broad implications for the EB-5 Program.  In a 22 page opinion, the Honorable Judge Amy St. [...]

16 Jul, 2013

SEC Implements JOBS Act to Allow General Solicitation in Regulation D Offerings

July 16th, 2013|Categories: Government Affairs, Research / Analysis, Securities & Exchange Commission (SEC), Securities Law|

By Jackie Prester and Robert Divine (IIUSA Vice President) of Baker, Donelson, Bearman, Caldwell, & Berkowitz, P.C. © The U.S. Securities and Exchange Commission has issued regulations implementing the portion of the Jumpstart Our Business Startups Act (JOBS Act), enacted more [...]

7 May, 2013
  • IIUSA Lincoln

SEC vs. Chicago Convention Center: More Court Filings this Week; News of Unfrozen Funds Welcomed in China

May 7th, 2013|Categories: Government Affairs, Media Coverage, Partners, Press Room, Securities & Exchange Commission (SEC)|

IIUSA members can access all of the court documents filed in the Chicago Convention Center enforcement action by the Securities and Exchange Commission (SEC) by viewing the resource page: SEC Enforcement Actions in EB-5.  This includes the latest filings from this week, including: a [...]

22 Apr, 2013

IIUSA Supports Court Order to Begin Returning Funds to Investors in SEC Enforcement Action Against Non-Member Regional Center

April 22nd, 2013|Categories: Government Affairs, Research / Analysis, Securities & Exchange Commission (SEC), Securities Law|

On Friday April 19, in the U.S. Securities and Exchange Commission's (SEC) enforcement action against the Intercontinental Regional Center Trust of Chicago (a non-IIUSA member Regional Ceter), et. al., the Honorable Judge Amy St. Eve issued an order modifying the [...]