Politics

New Mexico Proposes Investment Crowdfunding Rules

New Mexico Land of Enchantment

In a letter from the New Mexico Regulation and Licensing Department, Securities Division, Director Alan Wilson has summarized the objectives of proposed regulations to remove restrictions an allow equity crowdfunding in the state. Wilson’s missive notes the problem of raising adequate capital for startup businesses.  ”The combination of oppressive securities laws and geographic tendency of… Read More

24 Members of Congress to SEC: Keep State Blue Sky Preemption for Title IV of JOBS Act

Blue Sky in Utah

In a comment letter addressed to SEC Chair Mary Jo White, 24 members of Congress have demanded the SEC keep state “Blue Sky Review” preemption as part of Title IV of the JOBS Act, commonly referred to Regulation A+.  The Congressmen also requested removal of the review to be expanded to all aspects of Title… Read More

Perspective: Securities Commission Malaysia Hosts Successful Conference on Crowdfunding

SCxSC Forum Speakers Malaysia Securities Commission

The Synergy and Crowdfunding Forum organized by the Securities Commission Malaysia (SC) exemplified the keen interest in equity crowdfunding as over 550 individuals showed up to participate in the two day event held in Kuala Lumpur.  The group included over 250 entrepreneurs, over 50 investors plus a mix of academics, regulators and students. SC is supportive of both… Read More

SC Malaysia Shares Public Response to Proposed Equity Crowdfunding Framework

Malaysia Coin Ringit

Coming off a highly successful crowdfunding and angel investing conference, Securities Commission Malaysia has released the public comments on the proposed regulatory framework for equity crowdfunding.  The consultation outlining the regulations was released this past August and since being published SC has received comments from a diverse group of individuals including VC firms, entrepreneurs, financial… Read More

Paul Niederer: Proposed Rules on Investment Crowdfunding “Totally Unworkable”

Niederer Featured ASSOB CAMAC

Paul Niederer, a crowdfunding trailblazer, has been a consistent champion of the power and potential of investment crowdfunding.  The Australian Small Scale Offerings Board or ASSOB – has been regularly referenced for its knowhow and success in raising capital for small companies.  ASSOB has raised over $140 million so they posses the wisdom born of… Read More

Brief: Securities Commission Malaysia Expected to Release Comments on Equity Crowdfunding Regulations this Week

Datuk Ranjit Ajit Singh

The Securities Commission Malaysia (SC) is expected to release comments on their proposed equity crowdfunding regulations sometime this week.  The public release of feedback comes on the heels of the SC’s successful crowdfunding and angel investing conference held last week at the SC offices in Kuala Lumpur. A consultation paper outlining proposed regulations for Southeast… Read More

Shaneen Allen Has Raised Over $61,000 on GoGetFunding, Mother of Two Faces Jail Time for Carrying Licensed Firearm in New Jersey

Free Shaneen Allen Billboard

This campaign has striking similarities to the story of Brian Aitken.  He spent time in jail due to falling afoul of New Jersey’s extremely unrealistic gun laws.  Aitken went on to do a successful crowdfunding campaign on Indiegogo to help publish a book about his challenging odyssey. In 2008 then Governor Jon Corzine signed a law… Read More

Brief: SEC Investor Advisory Committee Schedules Meeting for October 9th

SEC Investor Advocates

As part of their regularly scheduled quarterly meetings, the Investor Advisory Committee (IAC) is planning to meet at the offices of the SEC on October 9th. The IAC, a mandated group under Dodd-Frank legislation, advises the SEC on various aspects of securities regulations.  One of the hottest topics during the last meeting, and an issue of… Read More

First Equity Crowdfunding Forum in Malaysia Opens with Speech by Securities Commission Chair

Datuk Ranjit Ajit Singh, SC Chairman, Dato Dr Nik Ramlah Mahmood, Deputy Chief Executive, Securities Commission Malaysia (SC), with the Speakers at the SC Synergy Crowdfunding Forum today.

Datuk Ranjit Ajit Singh, Chairman, Securities Commission Malaysia:  “It isn’t all over; everything has not been invented; the adventure is just beginning.” Organized by Securities Commission Malaysia, the first equity crowdfunding forum held in Kuala Lumpur, Malaysia, opened today with an address by Datuk Ranjit Ajit Singh, Chairman of Securities Commission Malaysia.  The Synergy and… Read More

Crowdfunding Leaders Back Startup Manifesto Seeking to Guide UK Economic Policy

Europe and UK growth 2014

The Coalition for a Digital Economy (Coadec)  published earlier this month “The Startup Manifesto” outlining their vision of a UK economy powered by innovation and technology.  Founded by tech entrepreneurial types, Coadec wants the UK to be the best place in the world to launch and grow digital startups.  This is part of a growing British… Read More

SEC Commissioner Gallagher Tackles Profound Need to Aid Small Business Capital Formation

SEC Commissioner Daniel Gallagher

Earlier today (September 17th), during a presentation delivered at the Heritage Foundation in Washington, DC, SEC Commissioner Daniel Gallagher gave a thoughtful, concise and concerned speech regarding the incredibly important needs of small business in the United States.  Recognizing that “small business is the lifeblood of our economy”, Gallagher tackled many hot button issues including… Read More

Equity Crowdfunding in Texas Expected to be Live this November

Flag of Texas

The Lone Star state is nearing the date when equity crowdfunding will be legalized.  The proposed rules, which hit the state register site this past May, were announced earlier this Spring. Initially the expectations were for the intrastate exemption to go live in August but now it is predicted to be an available option for businesses… Read More

Securities Commission Malaysia Prepares for Conference to Build Awareness of Crowdfunding

SCxSC Forum Speakers Malaysia Securities Commission

Malaysia is preparing to launch investment crowdfunding and the Securities regulators are leading the way.  Securities Commission Malaysia (Suruhanjaya Sekuriti) has scheduled a two day conference held at the commission to raise awareness of the future potential of equity crowdfunding as an alternative method to raise capital for small businesses. Synergy & Crowdfunding Forum (SCxSC),… Read More

Companisto: Proposed German Law a Contradiction That Threatens Crowdfunding

Blasting Investment Featured

Recently there have been rumblings from the German crowdfunding industry regarding proposed rules pertaining to investor protection that may impact the growing investment crowdfunding industry.  The German government has a stated objective of fostering digital and tech growth.  Of course streamlining access to capital, via equity crowdfunding, can help this objective.  While engendering an environment… Read More

Mayday PAC Candidate Jim Rubens Loses Primary to Scott Brown

Mayday Scott Brown is a Lobbyist

Mayday PAC, the crowdfunded Super PAC created by Lawrence Lessig, lost a battle for the New Hampshire primary yesterday following significant spending that Mayday staff described as tight race just a few days prior.  The former Senator from Massachusetts Scott Brown, who became a New Hampshire citizen just this past December, is now moving on… Read More

Equity Crowdfunding Nears Reality in State of Washington

Seal State of Washington

Washington State passed legislation legalizing equity crowdfunding way back in March of this year and given the title of “the Washington Jobs Act of 2014 (not very original).  Washington is one of a number of states that have moved forward with their own state crowdfunding exemption while federal rules for both Title IV and Title… Read More

Mayday PAC Aids Rubens Senate Campaign, Polls Show Candidate Closing Gap

Jim Rubens

Mayday PAC has paid for and released a television and radio ad with former New Hampshire Senator Gordon Humphrey, a 2 term US Senate Republican, endorsing the Maday selected candidate Jim Rubens.  The final weeks of the New Hampshire Senate campaign show a rapid improvement in voter interest to support Rubens.  The ad buy was… Read More

Kickstarter Teams Up With Internet Giants To Launch “Day of Action” In Protest Against FCC Net Neutrality Proposals

Net Neutrality 2

With the FCC preparing to close public comments on its net neutrality proposal, crowdfunding giant, Kickstarter, is teaming up with Mozilla, Namescheap, Reddit, Etsy, Foursquare, Vimeo, and other major Internet companies to raise awareness about the situation by declaring to be “Day of Action.” According to The Verge, the protest is to warn its fans… Read More

Release Title III: Securities Based Crowdfunding Rules – The New Investing Model

This Train is Late

Some Issues in Title III Crowdfunding Regulations Require Modification. Recently, there has been a renewed call for action on Title III (Regulation Crowdfunding) to go-live. And there are some proponents in the industry that just want the rules to go live ‘as-is’. However, the Crowdfunding Intermediary Regulatory Advocates (CFIRA), the first advocacy and lobbying trade… Read More

Investment Crowdfunding: The Most Significant Innovation for Entrepreneurship in a Generation (Deck)

Mary Jo White SEC Chair

Kickercon, a crowdfunding conference took place this past week in Texas.  At one of the sessions Ron Miller,  CEO of StartEngine and hopeful  crowdfuning portal operator, took to the podium to pound the table on Title III retail crowdfunding. In a presentation titled:  Investment Crowdfunding – The Most Significant Innovation for Entrepreneurship in a Generation,… Read More