New York Discontinuance of Offering is a process in which a company stops offering its securities in the state of New York. This process may be initiated by the company itself or by the New York State Department of Law. There are two types of New York Discontinuance of Offering: voluntary and involuntary. A voluntary discontinuance of offering is when a company voluntarily withdraws its securities from the state of New York, typically because the company no longer wishes to offer securities to New York investors. An involuntary discontinuance of offering is when the New York State Department of Law orders the company to cease offering its securities in the state of New York due to violation of securities regulations. In both cases, the company must file the appropriate paperwork with the relevant agencies in order to complete the process.
New York Discontinuance of Offering
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