Tagged: jobs act

A Funny Thing Happened on the Way to the (2014 SEC Government Small Business) Forum

Be The Change You Wish To See in the World Washington DC Capitol Building

As one who has represented small and emerging growth companies over the past 36 years in navigating access to the capital markets, I have closely followed the legislative and regulatory developments in Washington, D.C. since the enactment of the Jumpstart Our Business Startups Act of 2012 (the JOBS Act). Spurned by many factors, political, economic… Read More

Illinois Intrastate Crowdfunding Exemption: The Reasoning Behind The Bill

Crowdfunding regulatory environment philosophy

As noted in my prior post, “Draft Bill: Illinois Intrastate Crowdfunding Exemption,” an official draft of my proposed Illinois Intrastate Crowdfunding Exemption was recently finished. To my surprise, people actually read it and I have been getting a lot of questions as to why I choose to make my bill so different than those of… Read More

Small Business SEC Regulatory Reform in Washington, DC: “All in on Red” on Election Day 2014

Election Day 2104 US Capitol

The place was Washington, D.C. The occasion was the Annual Meeting of the Angel Capital Association at the Hilton Hotel in March 2014. Hundreds of attendees were gathered for lunch in the main Ballroom, the largest in the City. The lineup of luncheon speakers was impressive, including Keith Higgins, Director of the SEC Division of… Read More

Callahan & Associates Announces Strategic Partnership with GrowthFountain Opening Crowdfunding Opportunities for Millions of Credit Union Members

Callahan

Callahan & Associates, an innovative thought leader to credit union industry decision-makers, and GrowthFountain, a crowdfunding marketplace, have announced a strategic partnership to provide credit union members with both the ability to invest locally and raise capital as entrepreneurs. The JOBS Act, signed into law in 2012, enables everyone to invest in America’s small businesses… Read More

CFIRA Co-Chair DJ Paul Appointed to SEC Advisory Committee on Small & Emerging Companies

dj paul

DJ Paul, CFIRA Co-Chair and CSO of Propellr, has been appointed by SEC Chair Mary Jo White to become a member of the SEC Advisory Committee on Small & Emerging Companies for a term that begins immediately.  The SEC established this committee in 2011 as a conduit for advice on regulations and policies that impact… Read More

CFIRA Advocates Announce Second Annual Regulatory Summit in Washington D.C.

cfira

The Crowdfund Intermediary Regulatory Advocates (CFIRA) will hold its Second Annual Regulatory and Advocacy Summit in Washington, D.C., on Friday, November 21 from 8:00 AM – 1:00 PM at the Hart Building on Capital Hill. Attendees will network with fellow crowdfunding advocates, members of Congress, policymakers and industry thought leaders. The event’s half-day agenda will… Read More

An Open Letter to Chair White: It’s time to Lead the Crowd (funding)

Mary Jo White A Time for Leadershp

  The place: Washington, D.C. – the occasion: the swearing in of a new federal agency head – one charged in part with regulating the flow of capital to small businesses.  President Obama and others listened with a hopeful ear. Her words were inspiring, especially to small businesses and budding entrepreneurs: This country was founded… Read More

Fireman’s Brew Announces New Stock Offering for Accredited Investors, Joins Innovative Equity Crowdfunding Platform FlashFunders

Fireman's Brew 4

Fireman’s Brew, a Los Angeles-based craft beer company founded by two firefighters, today announced that it has released a new private offering of stock, available through equity crowdfunding platform, FlashFunders. In accordance with the JOBS ACT and exempt from registration under Rule 506(C), the company is offering up to 4,803,843 shares ($1.249/share) of Flash Seed Preferred stock, with… 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 no costs for start-ups or investors: FlashFunders only makes money… Read More

Seminar Will Tackle New Regulatory Framework of Crowdfunding

Guzik Hanks Ellenoff Korn Taubman

Gathering Features JOBS Act Advocates Including; Congressman Patrick McHenry, David Weild , Sam Guzik, Doug Ellenoff, Sara Hanks, Brian Korn and more. Next week in New York City a group of crowdfunding industry advocates, legal though leaders and securities analysts will gather to discuss the new regulatory framework that has the potential to restore a… Read More

William Skelley: iFunding Charts Path for Growth in Real Estate Crowdfunding

iFunding Featured Founders and Logo

Followers of the investment crowdfunding space all know the real estate sector is very hot.  Big names and big deals are migrating to the new approach to fund all types of property.  iFunding is one of these companies that claims a top pedigree of founders and managers with a view towards global expansion.  The young… 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 and market participant for years. In 2001 the SEC ordered… Read More

24 Members of Congress to SEC: Keep State Blue Sky Preemption for Title IV of JOBS Act

Blue Sky in Utah

In a comment letter addressed to SEC Chair Mary Jo White, 24 members of Congress have demanded the SEC keep state “Blue Sky Review” preemption as part of Title IV of the JOBS Act, commonly referred to Regulation A+.  The Congressmen also requested removal of the review to be expanded to all aspects of Title… Read More

CircleUp: 40 Companies and $40 Million Funded

CircleUp featured

On the anniversary of legalizing general solicitation for private placements, I had the opportunity to speak with Rory Eakin, COO and co-founder of  equity crowdfunding platform CircleUp.  Founded in 2012, since their  launch they have raised over $40 million for 40 different companies.  The CircleUp platform not only provides funding but also has multiple strategic… Read More

Brief: Publicly Traded Companies Gear Up to Leverage JOBS Act “General Solicitation”

general solicitation

In the UK the first publicly listed equity crowdfunding round was a smashing success so why not the same in the United States?  The JOBS Act and the various provisions were largely designed to assist startups gain access to much needed capital but the intent was to help young companies but this does not mean… Read More

Harvard: Prodigy Network is Democratizing Real Estate Investment

Rodrigo Nino

Last month Harvard Business School published a case study on the real estate crowdfunding platform Prodigy Network and its founder Rodrigo Niño.  Authors Karim Lakhani, Katja Hutter and Greta Priar, reviewed the dramatic rise of Prodigy Network and the vision of Niño that “crowdfunding will disrupt the status quo of traditional equity investment in real… Read More

ReverseMergers.com Seeks Partnerships with Crowdfunding Portals & Consultants

Reverse Merger

ReverseMergers.com, a firm dedicated to taking mid and microcap companies public through reverse mergers with public shell corporations is seeking strategic partnerships with crowdfunding consultants and crowdfunding portals. The partnerships are aimed at benefiting crowdfunding companies now and in the near future as the full impact of the JOBS Act continues to play out in… Read More

General Solicitation for Private Placements is One Year Old Today (Infographic)

Birthday Cake

Oh how time flies.  On September 23, 2013 the over 80 year old ban on general solicitation (advertising / promotion) for certain private placement offers was lifted.  This was enacted by Title II of the JOBS Act and a profound change for our securities industry.  Uptake has been slow – but expectations are for a… Read More

Brief: SEC Investor Advisory Committee Schedules Meeting for October 9th

SEC Investor Advocates

As part of their regularly scheduled quarterly meetings, the Investor Advisory Committee (IAC) is planning to meet at the offices of the SEC on October 9th. The IAC, a mandated group under Dodd-Frank legislation, advises the SEC on various aspects of securities regulations.  One of the hottest topics during the last meeting, and an issue of… Read More