Do You Need a Private Placement Memorandum (PPM) to Raise Money?

474529397If you are seeking to raise investment money for your company, remember that one of the best things you can do to protect yourself is disclosing as much information about your company as possible. That way, if things fall apart and your investors threaten to sue you for securities fraud or the government brings a regulatory action against your company, you can use your disclosures in your defense.

One of the best ways to do this is in a Private Placement Memorandum, or PPM for short. So what’s a PPM?

Posted January 13, 2015 | by admin |in Regulations

Kennyhertz Perry’s Braden Perry Weighs In on Student Debt Relief Industry

Kansas City, MO (July15, 2013) – Braden Perry, former federal enforcement attorney, contributed to Lawyer.com’s latest article discussing the Student Debt Relief Industry.  The article can be seen in its entirety below or at Lawyers.com.

America’s student loan bills have outgrown its credit card bills, and the debt relief industry is clamoring for the business of student borrowers. But according to a report from the National Consumer Law Center (NCLC), some companies are ripping off those borrowers by charging hefty fees for programs the federal government offers for free.

Posted July 15, 2013 | by admin |in News

Kennyhertz Perry Partner, Braden Perry, to Discuss Regulation S-ID with Kansas City Compliance and Legal Professionals

Kansas City, MO (July 7, 2012) –Braden Perry is slated to speak on July 25th to the Kansas City Compliance Group where he will provide the framework for the Regulation S-ID requirements, also known as the Identity Theft Red Flag Rules.

The presentation is designed for both compliance and legal personnel, and applies to any registered broker-dealer, registered investment company, registered business development company, or registered investment adviser that is a “financial institution, and will provide an overview of the provisions of the Regulation, focusing on keys to implementation and the requirements of the Regulation S-ID program.

Posted July 7, 2013 | by admin |in CFTC, Wealth Management

Federal Trade Commission Staff Test-Shopping Data Brokers

In May, the Federal Trade Commission (FTC) sent warning letters to 10 of the 45 data broker companies following a test-shopping operation, warning that their practices could violate the Fair Credit Reporting Act (FCRA).

The test-shopping operation was performed by non-attorney FTC staff members posing as individuals or representatives of companies seeking information about consumers to make decisions related to their creditworthiness, eligibility for insurance or suitability for employment.

Posted June 5, 2013 | by admin |in CFTC, Class Action Litigation, News

Kennyhertz Perry Form Law Practice ; Serving Clients in Highly Regulated Industries.

Kansas City, MO (May 20, 2013)- Two veteran Kansas City attorneys, John Kennyhertz and Braden Perry, are pleased to announce the formation of Kennyhertz Perry, LLC.  The business, litigation, and government compliance firm represents companies and individuals in highly-regulated industries, bringing a unique mix of top law firm expertise, practical experience, and pragmatic business solutions.

Posted May 20, 2013 | by admin |in Litigation, News

Former CFTC Senior Trial Attorney Returns to Private Practice

Kansas City, MO – Braden M. Perry, formerly an attorney with the U.S. Commodity Futures Trading Commission and later Senior Vice President/Chief Compliance Office of a global financial services firm, is now pursuing his own clients.

“I’m very excited,” said Perry. “This is obviously a wonderful opportunity for me as the only former Southwest Region Enforcement Attorney in private practice.”

Posted May 19, 2013 | by admin |in CFTC, News