California | Securities Law

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Asked on: 1/12/11, 8:13 am

Hello

I want to borrow money from people in two kind APR.

One will be 0% then if i will succeed the second of 20% of borrowed money.

Would that be legal?

Would S.E.C tell its a security and oblige me fill sec filling?

Regards

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The format or model of two-tier interest on a business loan is legal and in fact is frequently used. The SEC and state financial regulators would consider the loan a security when ...

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Bryan Whipple

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