Law360, New York ( July 15, 2014, 1:28 PM EDT) -- The ability to raise capital from investors is critical to the success of most emerging businesses. Founders of early-stage companies often look to enlist their networks and employees to assist in that effort, in many cases seeking to compensate such individuals for their efforts. What on the surface may seem to be a simple and sensible proposition — "help me find investors from whom I can raise capital, and I'll reward you with a commission" — can turn into a legal nightmare with a far-reaching impact if the company uses a finder or solicitor who is effectively acting, but not registered, as a broker. Emerging businesses should proceed with caution when employing and compensating such individuals who may help to reel in investors....