SEC Case Pushes EB-5 Focus to Oversight, Compliance

Monday, May 23, 2016

Roy Carrasquillo, a member of Cozen O'Connor's Corporate practice group, and Scott Bettridge, chair of the Immigration practice, discusses the SEC case that is pushing EB-5 focus in the Daily Business Review. The EB-5 immigrant investment program is ripe for change following a scheme linked to a South Florida businessman that bilked investors of hundreds of millions of dollars, attorneys said. "Even though it has been very successful in bringing development and jobs, [the program] is in need of certain reform, particularly reform that would allow more integrity and more oversight," said Roy.

To read the article, click here.

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Scott Bettridge

Chair, Immigration Practice

sbettridge@cozen.com

(305) 704-5953

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