It looks like the regs regarding equity crowdfunding will not be ready for the anticipated start date, but there is significant interest and your clients will want to know about the availability of D&O insurance (see our prior post here). Two recent articles summarize the SEC roadblock. The first is from the WSJ (see here) and the second from the NYT (see here).
The regulations have implications for D&O insurance. As noted in our prior post, underwriters do not know what the legal implications will be from a variety of exposures ranging from misrepresentation to fraud. D&O insurance will be essential because directors & officers can have personal liability for investment offerings.
Specialty Insurance Expertise: Tennant Risk Services
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