Sublime

This was eating at Burger King following a nine-course bonanza at Per Se. The Nets were a 52-regular-season-win team with one superstar, point guard Jason Kidd, and a slew of mehs who would be sixth and seventh men in Jackson’s rotation.

In the fall of 1983, when he was a 20-year-old college sophomore, Malone had returned to his hometown of Summerfield, Louisiana, and impregnated a 13-year-old named Gloria Bell. When, on May 3, 1984, she gave birth to a son named Demetress, Karl was nowhere to be found.

At the behest of his wife, Ann, he hired a designer to create www.delharris.com, then charged visitors $20 for a one-year membership that included (as written on the home page) “these great benefits”: an autographed photograph, an “official” Del’s Club membership card, a quarterly newsletter, and a birthday card. Fewer than 100 people subscribed.

You’ve likely noticed that accredited investors need only self-certify for 506(b) offerings, but must go through a more rigorous verification process for 506(c) offerings. Why? It all comes down to differences in the solicitation (i.e.: advertising) rules of the two offering types. Ostensibly, the difference is an attempt by the SEC to protect inve