Tagged: finra

OurCrowd Founder and CEO Jon Medved Shares his Vision on Crowdfunding, Startups, SPVs and Liberal Arts

jon medved

  “I think that what OurCrowd and others have done in this space until now has been quite subversive and wonderful and democratic.” OurCrowd, which is run by serial entrepreneur and venture capitalist Jon Medved, has put at least $170 million to work in roughly… Read More

Will Reg A+ Issuers Be Required to Undergo Rigorous FINRA Review?

Bumpy Road Danger

In a little over a week Title IV of the JOBS Act, commonly called Reg A+, will become actionable.  We are already hearing chatter about companies planning on using the new exemption. Whenever a new chapter is written in the Securities Law Book there is… Read More

FINRA Launches Online BrokerCheck Research Tool, But Does It Work?

BrokerCheck Promos

Early last week the Financial Industry Regulatory Authority (FINRA) rolled out a multi-million dollar ad campaign promoting its online research tool called “BrokerCheck.” BrokerCheck is free online database intended to provide the investing public with an east way to research brokers and investment advisers before… Read More

Lock it up: SEC & FINRA Weigh in on Cybersecurity Issues

Padlock and chain

Early in 2014, the U.S. Securities and Exchange Commission’s Office of Compliance Inspections and Examinations (OCIE) announced its intention to conduct an examination of certain registered broker-dealers and investment advisers in order to assess the general vulnerability of the securities industry, as a whole, to cyber-attacks…. Read More

Perspective: Title III, Title IV and the Politics of Regulation

Democrats Republicans

  In my May 2014 article, “The Bell Tolls for Title III”, I laid out the reasons why it was highly unlikely that the SEC would issue Title III rules before the November elections and predicted that should the Senate flip to Republican control, we… Read More

FlashFunders Co-Founder Vincent Bradley Discusses His Newly Launched, No-Fee Equity Funding Platform

FlashFunders Bring Startups to Life

FlashFunders is the first no-cost equity funding platform open for small businesses and tech entrepreneurs.  “This is not the Silicon Vally model leveraging technology for business as usual,” avers FlashFunders. FlashFunders Co-Founder Vincent Bradley aims to take advantage of the recent changes in private equity funding by offering… Read More

SEC Study: Market Quality for Small Cap Equities

SEC logo

The Securities and Exchange Commission has published a report on markets for small capitalization equities as part of the requirement of the JOBS Act to study decimalization and trading of small cap companies.  Questions of liquidity and market efficacy have been ruminating at the SEC… 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… 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… Read More

The Bell Tolls for Title III Crowdfunding

Mary Jo White Is it Over yet

After more than two years of waiting, the news from Capitol Hill is not good.  The JOBS Act was a political compromise passed by Congress in 2012 due to several layered political agendas. Unfortunately, the provisions of the JOBS act, as enacted in Title III,… Read More

JOBS Act 2.0: Congressman McHenry’s Cure for the “Six Deadly Sins” of Crowdfunding Regulation

Patrick McHenry Fixing the JOBS Act

For those of you who were too busy to notice, U.S. Congressman Patrick McHenry introduced three draft bills into the House Financial Services Committee last week.  One of them, if it were to become law, would open up the U.S. equity crowdfunding world in ways… Read More

FINRA Makes Crowdfunding A Priority For 2014

As they do every year, FINRA has released a letter outlining their priorities for the forthcoming year. Regulatory changes prompted by the passage and implementation of the JOBS Act are featured heavily in the letter as risks that mandate diligence on behalf of FINRA. Issues… Read More

Steps To Take Now To Prepare For A JOBS Act Crowdfunding Campaign


The SEC’s 90-day comment period for the proposed JOBS Act equity crowdfunding rules ends in late January 2014. There is a chance that we could see the first JOBS Act crowdfunding campaigns as early as April, although I am not holding my breath on that… Read More

JOBS Act Title III Rules: Moving Closer to Equity Crowdfunding

jobs act

Under the proposed rules, Title III of the Jumpstart Our Business Startups Act (JOBS Act) will create a new investor class by allowing non-accredited investors to participate in crowdfunding. These rules will lead to a democratized investment landscape profitable to entrepreneurs, inventors, artists, writers, and… Read More

Prodigy Network Bets Big On Crowdfunding Commercial Real Estate

BD Bacata Over $170 Million Crowdfunded Prodigy Network

In applying a loose definition of the term “crowdfunding,” Rodrigo Nino stands as the undisputed king of the emerging fundraising methodology. He and his team at Prodigy Network crowdfunded a building in Colombia to the tune of over $175 million from investors both in Colombia… Read More

On The Proposed SEC Regulations & Crowdfunding: Let’s Get It Right, Chairman White


(Editors Note: The content below was corrected to reflect text included in the original article that was not clearly attributed to Dara Albright.) There was an air of euphoria in the crowdfunding community on October 23 when the U.S. Securities and Exchange Commission finally issued… Read More

Senate Hearing On JOBS Act: Neiss, Fleming Spar Over Cost Of Capital


Yesterday the United States Senate Committee on Banking, Housing & Urban Affairs held a hearing entitled “The JOBS Act At A Year And A Half: Assessing Progress And Unmet Opportunities.” It was set to be a particularly interesting hearing because of the panel, which included… Read More

FINRA Issues Proposed Rules For Crowdfunding Portals

In what is becoming the busiest day in crowdfunding news since the JOBS Act has passed, FINRA has released proposed rules governing funding portal registration. Public comments will be accepted until February 3, 2014. More on this to come… FINRA Release on Proposed Rules Finra… Read More

FINRA to Request Comments on Rules for Crowdfunding

As previously reported, FINRA held a board of Governors meeting today and addressed several important issues.  One of their agenda items was Title III of the Jobs Act which covers crowdfunding. In posting on the FINRA site signed by CEO and Chairman Richard Ketchum, FINRA… Read More