As an overseas agent/broker to what extent is one allowed to have an office to conduct operations in the US - 3rd April, 2013
EB-5 Engagement with the Securities and Exchange Commission - 3rd April, 2013.
Answers
An offshore agent can have an office in the U.S. and not be licensed as a broker by the SEC or FINRA so long as the agent does not participate in securities sales activity. Administrative or marketing offices conducting zero brokerage or investment banking services in the U.S. likely will be able to operate without a securities broker license.
It makes no difference that the company is an overseas agent/broker. Once they are in the US soil and are involved in securities transactions (which by definition they are by being involved in EB-5) they need to be licenced.
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