Subtitle: 
Colorado issues order against Chicago real estate company for selling unregistered investments

GHP Capital Corporation was seeking to raise $1 million to purchase, redevelop and resell residential condominium developments in the Chicago area.  As part of its fund raising efforts, it offered the investment opportunity to Colorado residents.  GHP used cold calling techniques to make its offering.

Important Tip Whenever a small business or entrepreneur raises funds for a business, they should make sure the offering complies with the securities laws.

The Colorado Securities Commissioner entered a cease and desist order against GHP for violating the securities registration provisions of the Colorado Securities Act.  The Commissioner stated that, "soliciting investors through general advertising for private offerings of securities is a violation of law when those securities have not been registered."  Cold calling techniques are a form of general advertising according to the Commissioner.

Companies wishing to raise small investments from general advertising should consider registering these investments through a Registration by Limited Offering Qualification.  Simplicity Law can help small businesses and entrepreneurs meets its security law requirements for raising funds.

Additional Information
Important Tip: 
Whenever a small business or entrepreneur raises funds for a business, they should make sure the offering complies with the securities laws.
Marketing copy: 
Securities Law Compliance