Theater and film producers are hampered in their fundraising efforts by inconsistent and irrelevant securities laws. At the same time, investors are not adequately protected by the current disclosure requirements, which are costly and uninformative. Public policy in general, and New York practice in particular, support affirmative changes in this situation. This Note proposes uniform laws and guidelines, specifically adapted to stage and screen, that should be adopted by the SEC, the NASAA, and the individual states.
Thomas A. Cohen,
Simplified Syndication for Stage and Screen: A Proposal for Modifying Securities Laws for the Financing of Theater and Film Production,
13 Hastings Comm. & Ent. L.J. 533
Available at: https://repository.uchastings.edu/hastings_comm_ent_law_journal/vol13/iss3/5