News & Analysis as of

Securities Regulation › State and Local Government › Investment Funds

Husch Blackwell LLP

OCM Guidance Regarding Ownership Transfers Provides Pathway for Funding Social Equity Licensees

Husch Blackwell LLP on

The Minnesota Office of Cannabis Management (“OCM”) conducted its license lottery for social equity applicants on June 5, 2025. Lottery winners received preliminary approval and must secure a business location and, in many...more

K&L Gates LLP

South Carolina’s New Private Fund Adviser Exemption — A Boost for an Emerging Industry

K&L Gates LLP on

On September 6, 2019, the Securities Division of South Carolina’s Office of the Attorney General issued an order providing an exemption from the state investment adviser registration requirements for advisers that provide...more

Miller Canfield

Michigan's Securities Regulator Issues New Rules, Including a New Private Fund Adviser Registration Exemption

Miller Canfield on

The Corporations, Securities, & Commercial Licensing Bureau of the Michigan Department of Licensing and Regulatory Affairs ("the Bureau") has issued new Securities Rules interpreting and enforcing the Michigan Uniform...more

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