Tagged: jobs act

NASAA Continues to Lobby SEC on Blue Sky Review & Title IV of the JOBS Act

The Battle of Blue Sky Review

The North American Securities Administrators Association (NASAA) continues to lobby the SEC aggressively in their attempt to obstruct removal of Blue Sky Review under Title IV of the JOBS Act.  NASAA is a special interest group that represents state securities regulators and advocates on behalf of issues they believe are important to state regulators. Earlier… Read More

SEC Advisory Committee on Small & Emerging Companies Scheduled to Tackle Secondary Markets, Accredited Investor Defintition

Mary Jo White

The SEC has shared the agenda for the next meeting of the Advisory Committee on Small & Emerging Companies.  This committee was recently re-animated by SEC Chair Mary Jo White.  The Committee provides insight and advice to the SEC on privately held small businesses and publicly traded companies with a market capitalization less than $250 million…. Read More

Brief: New Equity Crowdfunding Platform Crudefunders Launches; Set to Offer Texans Oil Wells & Gas Products

Oil

Houston-based Crudefunders recently debuted its crowdfunding platform that offers Texans a chance to own some of the state’s oil wells. It has become the first out of two funding portals to be approved by the Texas State Securities Board. According to Dallas Business Journal, Crudefunders Portal Texas LLC received its approval from the state on February… Read More

The JOBS Act, Crowdfinance & Building Social Consensus: Are Investors Unnecessarily at Risk?

money house of cards dollars 100

Is the JOBS Act Title II ecosystem being built around the art of the “con” by some Internet funding platforms and companies raising money on these platforms?  The answer seems to be yes, judging by investment advice provided by Morningstar, FINRA, psychologists, and business world academics – and newly emerging practices of Internet platforms which… Read More

Commissioner Aguilar Sets Goals: “The Commission Should Adopt Final Rules..”

Luis A. Aguilar

While SEC Chair presented a state of SEC type presentation, Commissioner Aguilar has jumped in and put some more meat on the bones.  Speaking at the annual Practicing Law Institute gathering, Aguilar set forth his perceived goals for the SEC for 2015. While touching base on Dodd-Frank noting the SEC has finalized 56 out of… Read More

Mary Jo White: “This year, we will be focused on implementing the final two major mandates of the JOBS Act”

Wanted SEC That Provides Crowdfunding Regulations Mary Jo White

SEC Chair Mary Jo White addressed the Practicing Law Institute in DC this morning and it appears that most of the big shots at the SEC are sharing their wisdom as well today. Following opening remarks by Andrew Ceresny, the Director of SEC Enforcement and Keith Higgins, the Director of CorpFin, Chair White delivered a pretty… Read More

PENSCO’s Kelly Rodriquez Announces His Top Five Predictions For 2015

Kelly Rodriques

Ready to share his thoughts about the new year, CEO of PENSCO, Kelly Rodriquez revealed his top five predictions for 2015. During a recent post on the platform’s blog, Rodriquez stated, “As the CEO of PENSCO, I find myself at a fascinating intersection between IRAs, alternative assets, regulation and emerging investment trends. As a custodian, PENSCO… Read More

Interview: Marcus New, Founder and Chief Entrepreneur of InvestX Seeks to Own the Private Equity Asset

InvestX Featured Cross Border

Marcus New, the Founder and Chief Entrepreneur of InvestX, is an experienced entrepreneur; he founded and served as chairman (and previously the CEO) of Stockhouse, Canada’s leading financial community and a global hub for affluent investors, with up to 1 million unique monthly visitors. Prior to launching Stockhouse, New built Stockgroup Media, an online information company whose… Read More

OTC Markets Publishes 2014 Stats. Includes 311 Companies Trading on OTCQB Venture Market

Cromwell Coulson at SEC

OTC Markets Group (OTC: OTCM), the US based marketplace that provides liquidity for over 10,000 over the counter securities, has published a round up of 2014 accomplishments. Cromwell Coulson, CEO of the company lauded the final results; “2014 has been a year of accomplishment with the successful rollouts of OTCQX for Banks, our new OTCQB Venture… Read More

Hong Kong, the (Solar) Spotlight Could Be On You. Are Regulations Holding You Back From Shining In It?

Sunset in Muskoka

  Hong Kong could shine along the lines of the U.S. and London as a solar finance hub, if it weren’t for the city’s financial laws, writes Bryane Michael, senior fellow at the University of Hong Kong law faculty’s Asian Institute for International Financial Law, in a recent article for the South China Morning Post…. Read More

Perspective: Regulation A+ Could Serve as a Viable Capital Source for Small, Emerging Growth Companies

A Crowd of $100 Benjamin Franklin

Entrepreneurs and investors may have to wait until 2016 for the true equity crowdfunding that the JOBS Act was meant to establish. But the SEC will likely soon finalize rules that open another funding avenue for small businesses. Regulation A+, an amended version of a securities registration exemption referred to as Regulation A, could serve… Read More

Oliver Gajda, Co-Founder & Executive Board Chairman of the European Crowdfunding Network, Creates Transparency and Accountability in EU Crowdfunding Market

Oliver Gajda Featured Quote

As many Crowdfund Insiders know, when The University of Cambridge teamed up with EY and launched the European Alternative Finance Benchmarking Survey, the largest study to date on crowdfunding, peer-to-peer lending and other forms of alternative finance in Europe was initiated. This benchmarking survey, which closed on 6 January 2015,  seeks to capture the size, transactional volume and growth of the alternative finance markets across… Read More

The Funding Cap on Title III Retail Crowdfunding is Pointless. 

protect us from fraud not ourselves

As we start the beginning of 2015, expectations are increasing that final rules for both Title IV and Title III crowdfunding will finally be released to the public with the first offers commencing later in 2015.  Yes there are many questions regarding the final rules from industry participants and observers. Some commentators expect that Congress… Read More

Acquire Launches New Commercial Real Estate Investing Platform

Acquire Real Estate Logo

Acquire Real Estate has launched a crowdfunding platform that is said to open up a new world of commercial real estate investments to accredited investors, allowing them access to institutional-quality deals that didn’t exist until now. The firm has joined the growing momentum behind crowd investing, a variation of typical crowdfunding, with the only platform… Read More

Alessandro Lerro, European Equity Crowdfunding Association General Counsel & AISCRIS Board Member, Apprises European Alternative Finance Market

Alessandro Lerro Featured Quote

As many Crowdfund Insiders know, The University of Cambridge teamed up with EY and launched the European Alternative Finance Benchmarking Survey, the largest study to date on crowdfunding, peer-to-peer lending and other forms of alternative finance in Europe. This benchmarking survey, which closed on 6 January 2015,  seeks to capture the size, transactional volume and growth of the alternative finance markets across Europe…. Read More

Commissioner Gallagher: Are the US Capital Markets Competitive?

SEC Commissioners Should Finalize Regulation A

    Though time has seemingly stood still on JOBS Act rulemaking at the SEC nearly one thousand days after its passage, the world continues to complete a full rotation every 24 hours – and it seems that the rest of the world is passing the U.S. by, at least when it comes to the… Read More

Leading Voice for Small Business Congressman Patrick McHenry Named Vice Chairman of House Financial Services Committee

Patrick McHenry

Congratulations to Congressman Patrick McHenry who has a new leadership position in the House Financial Services Committee. Late last week, Financial Services Committee Chairman, Jeb Hensarling, named Congressman McHenry to serve as Vice Chairman of the full Committee for the 114th Congress. This is great news for both Congressman McHenry and, in my opinion, the… Read More

NASAA Champions Electronic Filing Depository System as Solution to Blue Sky Challenge

The Battle of Blue Sky Review

In late December of last year, the North American Securities Administrators Association (NASAA) launched, what it refers to, as its Electronic Filing Depository (EFD) system. The EFD system is designed to allow users to submit certain required “blue sky” notice filings in connection with exempt securities offerings to multiple states at once. Now if that… Read More

Tommaso D’Onofrio, CEO of Assiteca Crowd & President of European Equity Crowdfunding Association Incites Change in Alternative Finance in Italy and Abroad

Tomasso Donofrio Featured Quote

European Alternative Finance Benchmarking Survey UPDATE Since late November, the University of Cambridge teamed up with EY, the global professional services organization, and launched the European Alternative Finance Benchmarking Survey with the support of major European industry associations. As readers may know, this is the largest study to date on crowdfunding, peer-to-peer lending and other forms of alternative finance in Europe. This… Read More

Brief: U.S. Senators Michael Bennet & Jeff Merkley Continue to Press SEC to Finalize Crowdfunding Rules

SEC

U.S. Senators Michael Bennet (D-CO) and Jeff Merkley (D-OR) called on the Securities and Exchange Commission (SEC) to finalize its crowdfunding rules that will allow small businesses and start-ups to raise capital online and through social media. The senators were lead sponsors along with former Republican Massachusetts Senator Scott Brown on the bipartisan “Crowdfund Act,” which was… Read More