an Gooding, Newsweek, Sept. 30, 2024 "Experts and lawmakers are skeptical of his ability to do such a thing, just as they have been of the mass deportation promise laid out in the GOP's 2024...
Catherine E. Shoichet, CNN, Sept. 29, 2024 "At the 2013 event, the brothers also touched on a topic they’ve discussed less frequently in public: their immigration status during the company’s...
Aaron Martinez, El Paso Times, Sept. 26, 2024 " Las Americas Immigrant Advocacy Center is the second El Paso immigration nonprofit to sue Texas Attorney General Ken Paxton , accusing him of violating...
CILP, Sept. 2024 You’ve heard of Comedians in Cars Getting Coffee, but what about immigration nerds in cars getting coffee?? As we’ve carpooled with our colleagues to the UCLA Law School...
Matt Dougherty, Ithaca.com, Sept. 24, 2024 "Cornell University has become the first university to suspend a student for pro-Palestinian organizing this semester, putting them at risk of deportation...
"The Securities and Exchange Commission (the “Commission” or “SEC”) has become increasingly active in enforcing alleged violations of U.S. securities laws arising under the EB-5 Immigrant Investor visa program. EB-5 transactions — which are designed to result in the issuance of the much-coveted U.S. “green card” to foreign investors (and certain of their immediate family members) who place at least $500,000 of capital at risk in a U.S. business which creates 10 or more jobs — typically involve the issuance of securities.
Although immigration legislation creating the EB-5 program was first enacted in 1990, SEC enforcement activities in connection with EB-5 financings only began in earnest during the last few years. These new developments are noteworthy because — in addition to allegations of garden-variety fraud leveled against a small number of participants — the Commission has begun to focus on the full array of securities laws and rules, charging persons with the sale of unregistered securities and with acting as broker-dealers and investment advisors without proper registration.
... The SEC’s actions against various participants in EB-5 transactions make it clear that, whether or not an offering involves alleged fraud, offerors of EB-5 project securities and other persons participating in the promotion of such projects must be careful to comply with all aspects of the applicable securities laws, including either registering or securing exemptions for the offering of the securities and complying with the broker-dealer and investment adviser rules." - Gregory L. White, Christopher F. Robertson, Mark A. Katzoff - Seyfarth Shaw LLP, July 13, 2015.