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If I issue unsecured convertible promissory notes to investors to fund my business, what are my regulatory requirements? I would also like use your services to create the notes. Thanks.
From your description, this activity falls under securities law as you're issuing a type of security. Thus, you would need to comply with with securities law and Securities and Exchange Commission (SEC) regulations. You will need to register the securities with the SEC. For smaller offerings you will need to rely on an exemption from registration, such as Rule 506(b) or Rule 506(c) of Regulation D.
The foregoing information is general information only and should not be relied upon to take, or fail to take, legal action. No attorney-client relationship is formed by this information. __The only manner to obtain complete and adequate legal advice is to consult with an attorney.__
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