.
*’20 january 1953′ – ’10 august 2019′*
(age 66)
*’suicide’ by ‘hanging’*
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*20 january 1953*
(~1 year older than my old man)
(son of working-class brooklyn jews)
(his father was a groundskeeper for a brooklyn park)
(grew up in ‘sea gate’)
(‘gated community’ in ‘coney island’)
(skipped 2 grades)
(graduated public high school @ ‘age 16’)
(took a few classes at ‘cooper union’)
(then he enrolled @ ‘courant institute of mathematical sciences’)
(NYU)
(he left the school in ‘june 1974’ without receiving a degree)
(‘age 21’)
(hired as physics/mathematics teacher @ ‘dalton school’)
(fired in ‘june 1976’ for ‘poor performance’)
(‘age 23’)
(he taught the ‘son’ + ‘daughter’ of ‘alan greenberg’)
(who was CEO of ‘bear stearns’)
(he hired ‘epstein’)
(started out as low-level ‘junior assistant’ to a ‘floor trader’)
(became an ‘options trader’)
(the ‘special products division’)
(he advised the bank’s wealthiest clients on ‘tax mitigation strategies’)
(like seagram president ‘edgar bronfman’)
(also jewish)
(just like greenberg)
(he became a ‘limited partner’ in 1980)
(‘age 27’)
(he was forced out of ‘bear stearns’ in 1981)
(for a ‘reg d violation’)
In the ‘United States’ under the ‘Securities Act of 1933’, any offer to sell securities must either be registered with the United States Securities and Exchange Commission (SEC) or meet certain qualifications to exempt them from such ‘registration’
Regulation D (or Reg D) contains the rules providing exemptions from the registration requirements, allowing some companies to offer and sell their securities without having to register the securities with the SEC
A Regulation D offering is intended to make access to the capital markets possible for small companies that could not otherwise bear the costs of a normal SEC registration.
Reg D may also refer to an investment strategy, mostly associated with hedge funds, based upon the same regulation.
The regulation is found under Title 17 of the Code of Federal Regulations, part 230, Sections 501 through 508.
The legal citation is 17 C.F.R. §230.501 et seq.
On July 10, 2013, the SEC issued new final regulations allowing public advertising and solicitation of Regulation D offers to accredited investors
.
Overview
Reg D is composed of various rules prescribing the qualifications needed to meet exemptions from registration requirements for the issuance of securities.
Rule 501 of Reg D contains definitions that apply to the rest of Reg D. Rule 502 contains the general conditions that must be met to take advantage of the exemptions under Regulation D
Generally speaking, these conditions are (1) that all sales within a certain time period that are part of the same Reg D offering must be “integrated”, meaning they must be treated as one offering, (2) information and disclosures must be provided, (3) there must be no “general solicitation”, and (4) that the securities being sold contain restrictions on their resale. Rule 503 requires issuers to file a Form D with the SEC when they make an offering under Regulation D. In Rules 504 and 505, Regulation D implements §3(b) of the Securities Act of 1933 (also referred to as the ’33 Act), which allows the SEC to exempt issuances of under $5,000,000 from registration. It also provides (in Rule 506) a “safe harbor” under §4(a)(2) of the ’33 Act (which says that non-public offerings are exempt from the registration requirement). In other words, if an issuer complies with the requirements of Rule 506, it can be assured that its offering is “non-public,” and thus that it is exempt from registration. Rule 507 penalizes issuers who do not file the Form D, as required by Rule 503. Rule 508 provides the guidelines under which the SEC enforces Regulation D against issuers.
Exemptions[edit]
Regulation D establishes three exemptions from Securities Act registration.
Rule 504[edit]
Rule 504 provides an exemption for the offer and sale of up to $10,000,000 of securities in a 12-month period.[3] The company may use this exemption so long as it is not a blank check company and is not subject to Exchange Act of 1934 reporting requirements. General offering and solicitations are permitted under Rule 504 as long as they are restricted to accredited investors.[citation needed] The issuer need not restrict purchaser’s right to resell securities.[citation needed]
Rule 504 allows companies to sell securities that are not restricted if one of the following conditions is met:
The offering is registered exclusively in one or more states that require a publicly filed registration statement and delivery of a substantive disclosure document to investors;
The registration and sale takes place in a state that requires registration and disclosure delivery, and the buyer is in a state without those requirements, so long as the disclosure documents mandated by the state in which you registered to all purchasers are delivered; or
The securities are sold exclusively according to state law exemptions that permit general solicitation and advertising and you are selling only to accredited investors. However, accredited investors are only needed when sold exclusively with state law exemptions on solicitation.
Rule 505[edit]
On October 26, 2016, the Commission repealed Rule 505.[4] It previously provided an exemption for offers and sales of securities totaling up to $5 million in any 12-month period. Under this exemption, securities could be sold to an unlimited number of “accredited investors” and up to 35 “unaccredited investors”.[5]
The Rule 505 exemption was phased out and its provisions integrated into the Rule 504 exemption. Rule 504’s capital limit increased to $10 million and Rule 505’s “Bad Actor” provision was added to Rule 504.[6]
Rule 506[edit]
A company that satisfies the following standards may qualify for an exemption under this rule:
Can raise an unlimited amount of capital;
Seller must be available to answer questions by prospective purchasers;
Financial statement requirements as for Rule 505; and
Purchasers receive restricted securities, which may not be freely traded in the secondary market after the offering.
The rule is split into two options based on whether the issuer will engage in general solicitation or advertising to market the securities.
If the issuer will not use general solicitation or advertising to market the securities then the sale of securities can be issued under Rule 506(b) to an unlimited number of accredited investors[7] and up to 35 other purchasers. Unlike Rule 505, all non-accredited investors, either alone or with a purchaser representative, must be sophisticated – that is, they must have sufficient knowledge and experience in financial and business matters to make them capable of evaluating the merits and risks of the prospective investment.
In July 2013, the SEC issued new regulations as required by 2012 Jumpstart Our Business Startups Act.[8] These new regulations add Rule 506(c) to allow general solicitation and advertising for a private placement offering. However, in a Rule 506(c) private offering all of the purchasers must be accredited investors and the issuer must take reasonable steps to determine that the purchaser is an accredited investor.[9]
Accredited investor exemption[edit]
Section 4(a)(5) of the ’33 Act exempts from registration offers and sales of securities to accredited investors when the total offering price is less than $5 million and no public solicitation or advertising is made. However, Regulation D does not address the offering of securities under this section of the ’33 Act. This definition is also used in defining the size of investment allowed under Regulation A.
Other countries
In Canada, comparables to Reg D securities are termed exempt market securities and fall under National Instrument 45-106
.
References[edit]
^ https://www.sec.gov/answers/regd.htm
^ https://www.sec.gov/news/press/2013/2013-124-item1.htm
^ https://www.ecfr.gov/cgi-bin/text-idx?SID=cd6d4f96f78e70b89d687c7892c9f6a9&mc=true&node=pt17.3.230&rgn=div5#se17.3.230_1504
^ https://www.sec.gov/news/pressrelease/2016-226.html
^ https://www.sec.gov/news/pressrelease/2016-226.html
^ https://www.sec.gov/news/press-release/2020-273
^ Securities and Exchange Commission (2009-12-03). “Rule 506 of Regulation D”.
^ https://www.sec.gov/news/press/2013/2013-124-item1.htm
^ FACT SHEET: Eliminating the Prohibition on General Solicitation and General Advertising in Certain Offerings https://www.sec.gov/news/press/2013/2013-124-item1.htm
External links[edit]
United States Securities and Exchange Commission (SEC) – Official site
Introduction to the Federal Securities Laws
Introduction to Private Placements
State Securities Law Administrators
en.wikipedia.org /wiki/Regulation_D_(SEC)
Regulation D (SEC)
Contributors to Wikimedia projects
7-9 minutes
1/26/2005
‘age 28’
(remains close with ‘greenberg’)
(does business with ‘bear stearns’ until the firm collapsed in 2008)
(right around the time he was first arrested)
‘august 1981’
(he founds “inter-continental assets group”)
(IAG)
(a ‘consulting firm’)
(he would recover stolen money from fraudulent brokers + lawyers)
(a “high-level bounty hunter”)
(he founded ‘j epstein + company’ in 1988)
(‘age 35’)
(would only accept clients with net worth of $1 billion or higher)
(only known client was ‘leslie wexner’)
(also jewish)
(like ‘alan greenburg’)
(like ‘edgar bronfman’)
(he was the CEO of ‘limited’ + ‘victoria’s secret’)
‘march 2005’
(epstein in ‘palm beach’)
‘age 52’
(woman reports to police that her 14-year-old daughter was paid a few hundred dollars to give naked massages to epstein)
’30 JUNE 2008′
‘age 55’
(pleaded guilty to ‘state charge’ of ‘procuring for prostitution a girl under age 18’)
’18 month prison sentence’
(in a private wing of the ‘palm beach county stockade’)
(he was released on ’22 JULY 2009′)
(after serving less than a year)
(1 year probation / ‘house arrest’ until ‘august 2010’)
‘age 57’
.
(he was arrested at ‘teterboro airport’ in NJ)
(‘6 july 2019’)
‘age 66’
‘sex trafficking charges’
(denied bail)
(on ’23 july 2019′, he was found injured and semi-conscious in jail cell)
(his cellmate was ‘nicholas tartaglione’, a former NYPD cop charged with 4 counts of murder)
(both of them didn’t remember anything)
(epstein was placed on ‘suicide watch’ until ’29 july 2019′)
(hung himself in his jail cell on ’10 august 2019′)
(officially ruled ‘suicide by hanging’)
(‘age 66’)
(although broken hyoid bones in his neck suggested strangulation)
‘metropolitan correctional center’
(in lower manhattan)
another “jewish billionaire”…
born 1953 in coney island.
went to high school in brooklyn and took college classes
(though never graduated)
became a math school teacher @ dalton from age 20 to age 22.
like a jewish robin williams in “dead poet’s society”.
then he became a bear stearns trader.
he’s an alleged classical pianist and friend of donald trump.
(pigging out on junk food / ultimate fighting in jail)
(like my college phase)
(but he GOT all the things I wanted)
(the teenage girls / the high finance success / the roided-up build)
(all without a college degree!)
(just his jew saavy)
(learned about his plight from the NY Post)
(and the ‘smoking gun’)
(and fashionable internet magazines)
(financial adviser to leslie wexner)
(only accepts billionaires as clients?)
(another jew)
(and CEO of limited brands)
(flies bill clinton / kevin spacey / chris tucker on private jet to africa)
(for anti-AIDs iniative???)
(friend of steve rosenberg!)
(jew!)
(according to mark)
(who defends him!)
(jeffrey epstein and naked teenage girls tweaking his nipples)
(has female personal assistant recruit the girls)
(sarah kellen)
(and haley robson)
(making girls feel like madams ala heidi fleiss)
(films sessions from hidden cameras)
(pics displayed in bedroom and stored on hard drive)
(palm beach FL mansion)
(pays teenage girls $200 for naked massages)
(paid a teenager $1000 when he stuck his deformed ‘egg-shaped’ penis inside her)
(with his ukranian ‘sex slave’)
(no kissing)
(had them kiss his lesbian sex slave)
(as he masturbated)
(and they walk downstairs together)
(touching naked teenage girls’ breasts as they massage him)
(and squeezing their buttocks)
(massaging legs thighs feet)
(girls tell the cops they didn’t let him)
(but maybe they were just trying to build a case of forcible touching)
(mentions boyfriend in the car)
(‘you’ve ruined my massage!’)
(meticulous about keeping cell # database of girls)
(offers them something to drink / eat)
(with hispanic assistants / security guards)
(3 massages / day???)
(having assistant send a dozen roses to high school plays???)
(this sounds like me!!!)
(he wants to make the relationship sentimental)
(girls soccer team)
(this was in 2005!!!)
(a year after I went through this phase)
(employs tons of sex toys)
(strap ons)
(he sticks his fingers in girls’ pussies)
(remarks how hard their clits are)
(to pride himself on turning girls on)
(he genuinely thought that girls considered him sexy)
(harvard didn’t return the money he donated to them)
(what has he done for the human race???)
(except been good with ‘money’)
(and mathematics for that matter)
(all skills which I possess)
(if only for my artistic temperament)
.
*NY TIMES ARTICLE*
(12 AUGUST 2019)
(“james b stewart”)
(short n stout)
(his sorry story don’t pan out)
*THE DAY ‘JEFFREY EPSTEIN’ TOLD ME HE HAD ‘DIRT’ ON ‘POWERFUL PEOPLE’*
Almost exactly a year ago, on Aug. 16, 2018, I visited Jeffrey Epstein at his cavernous Manhattan mansion.
The overriding impression I took away from our roughly 90-minute conversation was that Mr. Epstein knew an astonishing number of rich, famous and powerful people, and had photos to prove it.
He also claimed to know a great deal about these people, some of it potentially damaging or embarrassing, including details about their supposed sexual proclivities and recreational drug use.
So one of my first thoughts on hearing of Mr. Epstein’s suicide was that many prominent men and at least a few women must be breathing sighs of relief that whatever Mr. Epstein knew, he has taken it with him.
[The Latest: Lawsuit claims Mr. Epstein trafficked girls in Caribbean until 2018.]
During our conversation, Mr. Epstein made no secret of his own scandalous past —
he’d pleaded guilty to state charges of soliciting prostitution from underage girls and was a registered sex offender —
…and acknowledged to me that he was a pariah in polite society.
At the same time, he seemed unapologetic.
His very notoriety, he said, was what made so many people willing to confide in him.
Everyone, he suggested, has secrets and, he added, compared with his own, they seemed innocuous.
People confided in him without feeling awkward or embarrassed, he claimed.
I’d never met Mr. Epstein before.
I had contacted him because my colleagues and I had heard a rumor that he was advising Tesla’s embattled chief executive, Elon Musk, who was in trouble after announcing on Twitter that he had lined up the funding to take Tesla private.
The Securities and Exchange Commission began an investigation into Mr. Musk’s remarks, which moved markets but didn’t appear to have much basis in fact.
There were calls for Mr. Musk to relinquish his position as Tesla’s chairman and for Tesla to recruit more independent directors.
I’d heard that Mr. Epstein was compiling a list of candidates at Mr. Musk’s behest — and that Mr. Epstein had an email from Mr. Musk authorizing the search for a new chairman.
Mr. Musk and Tesla vehemently deny this.
“It is incorrect to say that Epstein ever advised Elon on anything,” a spokeswoman for Mr. Musk, Keely Sulprizio, said Monday.
When I contacted Mr. Epstein, he readily agreed to an interview.
.
The caveat was that the conversation would be “on background,”
which meant I could use the information as long as I didn’t attribute it directly to him
.
(I consider that condition to have lapsed with his death)
“oh do you?…OK…we’ll see…”
.
He insisted that I meet him at his house, which I’d seen referred to as the largest single-family home in Manhattan.
This seems plausible:
I initially walked past the building, on East 71st Street, because it looked more like an embassy or museum than a private home.
Next to the imposing double doors was a polished brass plaque with the initials “J.E.” and a bell.
After I rang, the door was opened by a young woman, her blond hair pulled back in a chignon, who greeted me with what sounded like an Eastern European accent.
I can’t say how old she was, but my guess would be late teens or perhaps 20.
Given Mr. Epstein’s past, this struck me as far too close to the line.
Why would Mr. Epstein want a reporter’s first impression to be that of a young woman opening his door?
The woman led me up a monumental staircase to a room on the second floor overlooking the Frick museum across the street.
It was quiet, the lighting dim, and the air-conditioning was set very low.
After a few minutes, Mr. Epstein bounded in, dressed casually in jeans and a polo shirt, shook my hand and said he was a big fan of my work.
He had a big smile and warm manner.
He was trim and energetic, perhaps from all the yoga he said he was practicing.
He was undeniably charismatic.
Before we left the room he took me to a wall covered with framed photographs.
He pointed to a full-length shot of a man in traditional Arab dress.
“That’s M.B.S.,” he said, referring to Mohammed bin Salman, the crown prince of Saudi Arabia.
The crown prince had visited him many times, and they spoke often, Mr. Epstein said.
He led me to a large room at the rear of the house.
There was an expansive table with about 20 chairs.
Mr. Epstein took a seat at the head, and I sat to his left.
He had a computer, a small blackboard and a phone to his right.
He said he was doing some foreign-currency trading.
Behind him was a table covered with more photographs.
I noticed one of Mr. Epstein with former President Bill Clinton, and another of him with the director Woody Allen.
Displaying photos of celebrities who had been caught up in sex scandals of their own also struck me as odd.
Mr. Epstein avoided specifics about his work for Tesla.
He told me that he had good reason to be cryptic:
Once it became public that he was advising the company, he’d have to stop doing so, because he was “radio-active”
He predicted that everyone at Tesla would deny talking to him or being his friend.
He said this was something he’d become used to, even though it didn’t stop people from visiting him, coming to his dinner parties or asking him for money.
(That was why, Mr. Epstein told me without any trace of irony, he was considering becoming a ‘minister’ so that his acquaintances would be confident that their conversations would be kept confidential.)
If he was reticent about Tesla, he was more at ease discussing his interest in young women.
He said that criminalizing sex with teenage girls was a cultural aberration and that at times in history it was perfectly acceptable.
He pointed out that homosexuality had long been considered a crime and was still punishable by death in some parts of the world.
Mr. Epstein then meandered into a discussion of other prominent names in ‘technology circles’
He said people in ‘Silicon Valley’ had a reputation for being ‘geeky workaholics’, but that was far from the truth:
They were hedonistic and regular users of recreational drugs.
He said he’d witnessed prominent tech figures taking drugs and arranging for sex
(Mr. Epstein stressed that he never drank or used drugs of any kind)
I kept trying to steer the conversation back to Tesla, but Mr. Epstein remained evasive.
He said he’d spoken to the Saudis about possibly investing in Tesla, but he wouldn’t provide any specifics or names.
When I pressed him on the purported email from Mr. Musk, he said the email wasn’t from Mr. Musk himself, but from someone very close to him.
He wouldn’t say who that person was.
I asked him if that person would talk to me, and he said he’d ask.
He later said the person declined;
I doubt he asked.
When I later reflected on our interview, I was struck by how little information Mr. Epstein had actually provided.
While I can’t say anything he said was an explicit lie, much of what he said was vague or speculative and couldn’t be proved or disproved.
He did have at least some ties to Mr. Musk — a widely circulated photo shows Mr. Musk with Ghislaine Maxwell, Mr. Epstein’s confidante and former companion, at the 2014 Vanity Fair Oscars party.
“Ghislaine simply inserted herself behind him in a photo he was posing for without his knowledge,” Ms. Sulprizio, the spokeswoman for Mr. Musk, said.
It seemed clear Mr. Epstein had embellished his role in the Tesla situation to enhance his own importance and gain attention — something that now seems to have been a pattern.
About a week after that interview, Mr. Epstein called and asked if I’d like to have dinner that Saturday with him and Woody Allen.
I said I’d be out of town.
A few weeks after that, he asked me to join him for dinner with the author Michael Wolff and Donald J. Trump’s former adviser, Steve Bannon.
I declined.
(I don’t know if these dinners actually happened.
Mr. Bannon has said he didn’t attend.
Mr. Wolff and a spokeswoman for Mr. Allen didn’t respond to requests for comment on Monday
Several months passed
Then early this year Mr. Epstein called to ask if I’d be interested in writing his biography
He sounded almost plaintive.
I sensed that what he really wanted was companionship.
As his biographer, I’d have no choice but to spend hours listening to his saga.
Already leery of any further ties to him, I was relieved I could say that I was already busy with another book.
That was the last I heard from him.
After his arrest and suicide, I’m left to wonder:
What might he have told me?
.
.
www.nytimes.com /2019/08/12/business/jeffrey-epstein-interview.html
The Day Jeffrey Epstein Told Me He Had Dirt on Powerful People
James B. Stewart
8-10 minutes
Common Sense
Jeffrey Epstein’s home on East 71st Street.
Credit…Kirsten Luce for The New York Times
Aug. 12, 2019
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*👨🔬🕵️♀️🙇♀️*SKETCHES*🙇♂️👩🔬🕵️♂️*
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👈👈👈☜*“JEFFREY”* ☞ 👉👉👉
*THE MALE FIRST NAME*
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💕💝💖💓🖤💙🖤💙🖤💙🖤❤️💚💛🧡❣️💞💔💘❣️🧡💛💚❤️🖤💜🖤💙🖤💙🖤💗💖💝💘
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*🌈✨ *TABLE OF CONTENTS* ✨🌷*
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🔥🔥🔥🔥🔥🔥*we won the war* 🔥🔥🔥🔥🔥🔥