Offer to Sell Securities - Explained

The video explains that the term 'offer' under securities law is broader than in other contexts, encompassing any attempt to solicit interest in purchasing a security. This broad definition means that many actions, such as gauging market reactions, could be considered offers to sell securities. It's crucial to understand this because making an offer without proper registration or exemption can lead to civil or criminal penalties.

What are the potential consequences of selling securities without proper registration?

Why is it important to understand the broad definition of an offer to sell securities?