Tagged: crowdcheck

Week One: How are Title III Crowdfunding Platforms Doing?

Rocket Launch Escape Velocity

Title III platforms launched last week on May 16th. Multiple platforms had received approval from FINRA/SEC and a good number of issuing companies queued up to offer equity or debt in their companies. While opinions in the media were mixed as to whether the Reg… Read More

Sara Hanks: Manageable Chaos on May 16th with Title III Crowdfunding

Sara Hanks 2016

Sara Hanks is one of the most recognizable and vocal leaders in the investment crowdfunding sector. A securities attorney by training, Hanks has spent many years in and around Capitol Hill working on important policy issues.  Hanks is also a longstanding board member of the… Read More

SEC IAC Presentation on Crowdfunding Highlights Investor Protection Concerns (Video)

IAC SEC Crowdfunding presentatiion

The SEC Investor Advisory Committee met last week in Washington, DC. The periodic meeting was opened by Chair White who mentioned Title III retail crowdfunding specifically; “Regulation Crowdfunding becomes effective in May and funding portals can begin to register with the Commission later this month. … Read More

SEC Investor Advisory Committee to Host Presentation on Crowdfunding Today

Chris Tyrrell Sara Hanks

The Investor Advisory Committee is scheduled to convene today at the SEC headquarters in Washington, DC.  The agenda in the afternoon (on the schedule for 2PM) includes an update on crowdfunding rules. The presentation on investment crowdfunding includes the participation of two well known industry… Read More

Save the Date: SEC Investor Advisory Committee Meets on January 21st

Mary Jo White at IAC

Unless winter happens to show up in our nation’s capital, the SEC’s Investor Advisory Committee is scheduled to meet at the Commission’s headquarters on January 21st. These meetings are open to the public but the SEC typically live-streams the proceedings so anyone may watch the… Read More

Three Policy Issues that will Hold Regulation Crowdfunding Back

Road Closed Detour

On May 16, 2016, the Securities and Exchange Commission’s rules implementing Title III of the JOBS Act will come into effect, allowing companies to raise funds under Section 4(a)(6) of the Securities Act. The SEC made some important improvements over the proposed rules that will… Read More

KoreConX Announces New Partnerships & Expands Equity Crowdfunding Services

Oscar Jofre BW

KoreConX, the recently launched a free all-in-one solution that is disrupting the market by helping companies navigate the equity crowdfunding process and reduce risk, announced on Thursday new partners that add additional value and resources for their users. These additions greatly expand the scope and usefulness… Read More

FundPaaS Unveils Equity/Debt Crowdfunding Product For Funding Portals & Broker Dealers Using Title III “Wisdom”

Duy Vo

Alongside yesterday’s SEC’s 3 to 1 vote to approve equity crowdfunding under Title III of the JOBS Act, FundPaaS has unveiled a new product called Wisdom, an application that is said to power any crowdfunding portal or broker dealer seeking to raise capital for issuers online. According… Read More

Is the State of Washington Trying to Blow-Up Regulation A+?

Regulation A Destroyed 1

The finalization of rules regarding Title IV of the JOBS Act was a watershed moment in the history of securities law and a leap forward for investment crowdfunding.  Title IV, now commonly referred to as Regulation A+, not only allows issuers to raise capital in… Read More

SEC Advisory Committee on Small & Emerging Companies Schedules Next Public Meeting

Sarah Hanks at SEC

SEC Chair Mary Jo White re-animated a previously moribund Advisory Committee on SMEs late last year.  These “small” companies are private companies, as well as those publicly traded, with market capitalizations of under $250 million. This initiative was undertaken in recognition of the importance of… Read More

The Definitive Guide: Intrastate Crowdfunding Exemptions

Intrastate Crowdfunding Exemptions as of July 2014

With the Securities and Exchange Commission (SEC) dragging its feet on enacting Regulation CF pursuant to Title III of the JOBS Act, many states are taking action and passing their own intrastate crowdfunding exemptions. While these only pertain to businesses and investors within a particular… Read More

Gust Files Patent on Crowdfunding

GUST Patent Exhibit

Gust, a global platform for the “sourcing and management of early stage investments – boasting 45,000 investors with relationships to over 200,000 startups, has filed a patent application on crowdfunding. To be specific Gust (previously known as Angelsoft) filed for: “System and Method for Crowdfunded Investment… Read More

CFIRA To Host Webinar on Regulatory Requirements for Crowdfunding Portals

cfira

The Crowdfund Intermediary Regulatory Advocates (CFIRA) is set to host a free webinar this Wednesday, May 1, at 1PM EST regarding the legal and regulatory requirements for investment crowdfunding portals. The panel of speakers include representatives from: Wales Capital Crowdcheck Day Pittney LLP Agenda topics… Read More

CrowdCheck Releases Summary Of Intrastate Crowdfunding Exemptions

crowdcheck

CrowdCheck has released the following comparative analysis of intrastate crowdfunding exemptions, providing a concise view of happenings in the various states that are currently considering crowdfunding exemptions. Michigan, North Carolina and Wisconsin are the only states to buck the $1 million annual cap on fundraising… Read More

Canadian Law Firm BLG Cites Crowdfunding As Top Risk For 2014

blg-logo

Canadian law firm Borden Ladner Gervais LLP (BLG) released a risk assessment for 2014. Crowdfunding makes the list at #2 on their list of the top ten business issues with legal implications for the new year. Entrepreneurs, access to capital and the crowd: The Canadian economy… Read More

Miami-Based EarlyShares Goes Live With Equity & Rewards-Based Crowdfunding Deals

earlyshares

EarlyShares is a crowdfunding platform based in Miami, Florida. The operation is poised to be one of the leaders in the nascent equity crowdfunding space in the United States, and in light of the implementation of Rule 506(c) that took place in September the platform… Read More

SEC Small Business Forum: Takeaways From A Crowdfunding Perspective

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The SEC Government-Business Forum on Small Business Capital Formation took place last week at the Securities and Exchange Commission Headquarters in Washington, DC. I will admit that I was very excited to attend this event. This was the first event we attended last year shortly… Read More

#Crowdfunding News Roundup: November 16, 2013

crowdfunding-news-roundup

CrowdCheck Blog | Due Diligence: It doesn’t just protect investors Brian Knight of due diligence service provider CrowdCheck built upon a recent Crowdfund Insider article that explored the circumstances surrounding the Luci project on Kickstarter. Here he explains how due diligence can protect issuers and investors in crowdfunded… Read More

CrowdCheck Publishes 25-Page Summary Of Crowdfunding Proposed Rules

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Crowdfunding due diligence service provider Crowdcheck has published a 25 page document addressing the SEC proposed regulations regarding Title III of the JOBS Act – otherwise known as crowdfunding. Crowdcheck describes the SEC approach as “Merrill Minus” as opposed to “Kickstarter Plus” and states that… Read More