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But he said British libel laws had imposed "enormously onerous" requirements.
But Mr Morgan said, in the statement, that libel laws "imposed enormously onerous requirements".
"The process is enormously onerous and it is the more tenacious parents that get more.
"The rules at the end of the day are not enormously onerous," said Laura Corsell, a former S.E.C. lawyer who now represents investment advisers as a partner at the law firm Montgomery McCracken.
On its own, it doesn't sound like an enormously onerous process, but Jackson points out that it's really designed for situations where you already know the investor: "What we realized was that in some circumstances, you want to be able to invite potential investors that you don't know yet," he says.
Similar(55)
May, who had personally voted "Remain" in the 2016 referendum on Britain leaving the European Union, faced an onerous task as prime minister: making an enormously complicated exit process orderly and workable.
It's not onerous.
That is onerous.
Nothing particularly onerous there.
Reporting requirements are onerous.
Enormously enriching!
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com