Glaser Weil’s Marc Indeglia Quoted in Bloomberg Law on SEC’s Dealer Crackdown

Glaser Weil Corporate Partner Marc Indeglia was interviewed by Bloomberg Law for a piece regarding the Securities and Exchange Commission’s crackdown on “toxic” lending, using a legal theory that has investment firms confused as to whether they need to register as securities dealers.

Indeglia, who is president of the Small Public Company Coalition, pointed to changes over the past decade and said “There are a lot of people who may need to reconsider whether or not what they’re doing requires a license.” He underscored the need to a clear line so that people understand whether they are breaking the law.

Indeglia shared that the decision creates “a significant amount of uncertainty” for small investors, hedge funds and venture capital funds. This could create challenges for small businesses, who may lose access to a source of capital.

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