FCA to Research Big Data and Retail Insurance Sector

Lloyds of London

The Financial Conduct Authority has launched another “call for inputs” as it digs into the retail insurance industry and the use of data to drive decisions. Interested participants have until January 8th to submit comments with a feedback statement expected in mid-2016.  The FCA notes… Read More

Mary Jo White Reviews JOBS Act Success at Forum on Small Business Capital Formation

mary jo white November 2015

SEC Chair Mary Jo White opened the 34th annual Government- Business Forum on Small Business Formation. The prepared remarks were largely a re-cap of the JOBS Act. Completion of the rulemaking process occured with the release of Title III retail crowdfunding rules. White highlighted several… Read More

AngelList Gives Platform Update at SEC Event on Small Business Capital Formation (Deck)

Kevin Laws at SEC

Kevin Laws, Chief Operating Officer of AngelList, delivered an “illuminating” presentation at the SEC Government Business Forum on Small Business Capital Formation yesterday. AngelList, a leader in the equity crowdfunding sector, has become an important catalyst in the online finance space innovating and expanding its… Read More

Woes with Chinese Custodian Banks

China smoking mandarin

When the State Council of China issued its guidelines for the internet finance industry in July, the single most talked about guideline among platform operators is the government’s encouragement of banks to provide custodian services for investor funds used for platform transactions. Many have interpreted… Read More

CEO Jon Medved Discusses Australian Regulations, Innovation Finance and OurCrowd’s Unique “Tasty Blend” of Crowdfunding

jon medved

Jon Medved, the prominent globetrotting entrepreneur and charismatic founder of OurCrowd, caught up with ABC’s Business Correspondent Ticky Fullerton as part of a segment on new reforms on crowdfunding for small businesses and startups in Australia. Complimenting PM Malcom Turnbull’s deep understanding of tech and innovation… Read More

Research Initiated to Assess Liability Risk for Crowdfunding in Europe

Ronald Kleverlaan Anne Hakvoort

A partnership between the Crowdfunding Hub, European Network of Crowdfunding Professionals and FG lawyers (Dutch boutique law firm with a special focus on alternative finance and fintech), has launched pan-European research to identify the liability risk in respect to the various forms of crowdfunding. Entitled… Read More

Financial Services Committee Opens SEC Hearing: “We have seen both good & bad news”

Jeb Hensarling

Today is one of those days when SEC Commissioner Mary Jo White must march up to Capitol Hill and justify the SEC’s actions over proceeding months while requesting a budget increase to cover the cost of the Agency’s growing responsibilities. Chair of the Financial Services Committee,… Read More

SEC Fires Back in Battle with Montana & Massachusetts on Regulation A+

Montana Massachusetts Take AIM at SEC

The ongoing battle between the States and the Securities and Exchange Commission took another step forward this week as the Commission responded to the States claims.  States securities regulators in both Montana and Massachusets, supported by the North American Securities Administrators Association (NASAA), have persistently… Read More

Agenda & Panelists Posted for SEC Small Business Capital Formation Forum

SEC Small Business Capital Formation Forum 2014

Later this week, on Thursday, the SEC Government-Business Forum on Small Business Capital Formation will take place at SEC headquarters.  An annual affair, the event has grown into a vibrant discussion regarding the challenges of SMEs to gain access to capital and the regulatory challenges… Read More

Small Business Minister Kelly O’Dwyer Talks Crowdfunding in Australia

Kelly ODwyer

In Australia today, start-ups and small businesses cannot practically access retail investors due to significant upfront and ongoing compliance costs and red tape. This is according to Kelly O’Dwyer, the Minister for Small Business and Assistant Treasury. O’Dwyer delivered this statement to the Financial Services… Read More

SEC Commissioner Kara Stein: Surfing the Wave of Financial Technology

surf surfing surfboard

Securities Commissioner Kara Stein visited Harvard Law School last week to present as part of a guest lecture series where she discussed securities regulation and capital markets. Stein posed the important question: “…how do we continue having the highest quality markets in the world, even… Read More

Bondora: Regulatory Environment is a “Fraught Issue” in Europe. Except for the UK

10_industry perspectives on regulation

Bondora, a peer to peer lending platform with pan-European aspirations, has shared their opinion on the regulatory environment in Europe. According to Bondora, “regulating alternative finance is a fraught issue across Europe”.  But there is an exception to this rule. The UK, and the Financial… Read More

Peter Renton, Founder of Lend Academy & LendIt Conference, Contributes to Marketplace Lending’s Global Understanding, Growth & Success

Peter Renton at Lendit USA 2015

  “I think Fintech, particularly as it applies to lending, has the capacity to completely transform how consumers and small business use credit. The best platforms are true innovators, underwriting consumers and small businesses in new ways using data that was simply unavailable ten or… Read More

Arboribus’ Josep Nebot Writes in P2P-Banking: Spain Ripe for Successful P2P/P2B Lending

josep nebot

This morning, P2P-Banking.com guest writer Josep Nebot, Co-founder and Representative Director of the P2P lending platform Arboribus writes about the current situation of P2P lending in Spain. Before founding Arboribus, Nebot worked as a lawyer and an International Cooperation for Development business consultant in Spain and South America. In… Read More

Steve Wallman, Former SEC Commissioner & Founder of Folio Investing, Reflects Upon Title III Equity Crowdfunding Rules

Steve Wallman Quote

Steve Wallman spent a good portion of the 90’s at the Securities and Exchange Commission.  Appointed by President Bill Clinton in 1994, Wallman’s official bio at the SEC notes that his tenure was marked by the creation of the first Advisory Committee on Capital Formation… Read More

Congress Must Fix Title III Investment Crowdfunding, No Startup Will Touch it Unless Congress Acts

State of the Union Congress and Senate

I spent a lovely weekend reading (and re-reading) all 685 pages of the final SEC rules of Title III the Jobs Act. Ah, the joy of memorizing regulations! We helped Congress pass the JOBS Act back in 2012, to help everyone — no matter how wealthy — invest as… Read More