EIS Association Advocates for Better SME Funding in Support of Small Business Taskforce


As everyone knows by now (or at least they should), small and medium-sized businesses are vital for economic growth and prosperity. SMEs are the job creators in the UK – and around the world. The Enterprise Investment Scheme Association (EISA) has worked diligently to promote… Read More

SEC Schedules Open Meeting on Rules 147 & 504 Impacting Intrastate Crowdfunding

Mary Jo White October 30 2015

The SEC has scheduled a meeting to consider proposed amendments related to Rules 147 and 504 – securities regulations that impact intrastate crowdfunding.  The meeting of the Commission is scheduled to commence at 10AM on Wednesday, October 26 at SEC HQ in Washington, DC. The… Read More

FINRA Allegedly Warns Off Reg CF Portals on Use of Trusts for Escrow

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FINRA is a non-governmental entity that acts as a financial regulator over a wide swath of the financial industry.  Their mission is to detect and prevent wrongdoing in the US financial markets. FINRA also has enforcement powers. Last year alone they rendered over 1500 disciplinary… Read More

Focused on Change: European Fintech Alliance Kicks Off at Deutsche Bourse


The European Fintech Alliance, established in Berlin early this summer, seeks to represent the interests of startups in the political arena and to build bridges between policymakers and regulators at European level.  The platform touts a non-national, but EU-wide approach, for FinTechs only. Initiated by political… Read More

On Investment Crowdfunding, Diversification & the Wisdom of the Crowd


Still Time to Fix the Fix Crowdfunding Act One of the cardinal rules of investing is  diversification – a critical ingredient for long-term portfolio growth.  This rule applies with equal, if not greater, force when investing in “Title III Regulation CF Crowdfunding” securities – open… Read More

Brief: Kickstarter Launches New Collection of Political Creations Called “Election Issues”


With the 2016 U.S. Presidential Election nearing its final weeks, crowdfunding platform Kickstarter announced the launch of its Election Issues, which is described as a collection of political creations that are to spark conversation and action. The Kickstarter team stated: “Elections aren’t just about the… Read More

Insider: China Tells Regional Governments to Start Investigating Fraud

China Punishiment Image

This past weekend, Crowdfund Insider reported that China government officials published a list of restrictions for peer to peer lenders. These were largely a rehash of previously revealed regulations directed towards internet finance and more specifically peer to peer lending. But the Chinese government is… Read More

Final Report: FCA on Investment & Corporate Banking

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The Financial Conduct Authority (FCA) has published its final report on the investment and corporate banking sector.  The document was created to help foster competition in the this sector of finance.  The report reflects the interim publication that was released this past April. Christopher Woolard,… Read More

FTC FinTech Forum Agenda to Spotlight P2P Payments & Crowdfunding


The Federal Trade Commission announced the agenda for its upcoming FinTech forum examining peer-to-peer payments and crowdfunding. The forum, which is the second in an ongoing event series, will take place from 1:00 p.m. to 4:30 p.m. on 26 October at the Constitution Center auditorium, located at… Read More

How to Fix the Fix Crowdfunding Act


Let me begin by saying god bless Congressman Patrick McHenry. He is out there on the front lines actually trying to make a difference and help entrepreneurs and small businesses get off the ground and succeed. Of course, no good deed goes unpunished, and a… Read More

NASAA & Congress Agree on Intrastate Crowdfunding Rule Update


Last week, the North American Securities Administrators Association (NASAA) issued a statement in support of updating Rule 147 and Rule 504 of Reg D – rules that impact intrastate crowdfunding.  The statement by NASAA supported a letter sent out by several members of the Congress… Read More

Shocker: Elizabeth Warren Tells President Obama to Demote SEC Chair Mary JoeWhite

Senator Elizabeth Warren

Senator Elizabeth Warren is rattling cages once again. This time, she is blasting SEC Chair Mary Jo White asking President Obama to fire or demote Chair White in a public letter. According to her letter, Warren states “enough is enough”, that Chair White has undermined… Read More

Lord Adair Turner: Direct Lending May Make the Financial System More Stable


  The answer is keep it simple, and  keep it transparent. The above statement came from Lord Adair Turner in a speech delivered at LendIt Europe this week. He was reflecting upon how peer to peer lending can avoid situations of systemic risk as exemplified… Read More

Federal Court Calls CFPB Structure Unconstitutional

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The Consumer and Financial Protection Bureau (CFPB) has been labeled “unconstitutional” by a federal appeals court.  The ruling addressed specifically the agency’s structure and the amount of control exercised by its director – currently Richard Cordray.  The ruling allows for the CFPB to continue to… Read More

Lord Adair Softens Stance Towards Peer to Peer Lending at LendIt

Lord Adair Turner

Lord Adair, the former FSA Chair and longtime banker, sideswiped the UK online lending industry last year during an interview on BBC.  Adair criticized the peer to peer lending industry in a blistering statement regarding disruptive online lenders; “The losses which will emerge from peer-to-peer… Read More

Donald Trump Sunlight Campaign on GoFundMe Raises $25K on Day 1

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A donation-based crowdfunding campaign on GoFundMe is looking for contributions to fund a Donald Trump “Sunlight Campaign” and on day one has raised about $25,000. The campaign page, created by Aaron Holman, has been receiving a steady clip of small donations. But there are more… Read More

The Regulatory Framework for Peer-to-Peer Lending Industry in Thailand : A Consultation Paper Issued by the Bank of Thailand


The Peer-to-Peer Lending Industry in Thailand Peer-to-peer lending, which is also known as social lending or crowdlending, has drastically increased in the recent years in many countries around the world. The total volume of peer-to-peer lending activities has been growing rapidly. A good example is… Read More

UK P2P Finance Association Releases Major Research on Economics of Peer to Peer Lending


The UK Peer to Peer Finance Association (P2PFA) has released a commissioned study on the economics of the peer to peer lending market in the UK.  The independent assessment, provided by the economic consulting firm of Oxera, analysed the risks, costs and benefits of peer-to-peer… Read More