Tagged: jobs act

Crowdfunding Industry Fights Back: Issues Statement Opposing State Lawsuit to Block Regulation A+

Knock Out Punch

CFIRA and CfPA Issue Joint Statement Regarding Lawsuit Against the SEC to Block Implementation of Regulation A+, Title IV of the JOBS Act In a joint statement released today by the leadership of crowdfunding industry associations Crowdfunding Intermediary Regulatory Advocates (CFIRA) and the Crowdfunding Professional… Read More

Moving On: Commissioner Daniel Gallagher Expected to Depart SEC After Four Years

Daniel Gallagher Title IV

One of the most vocal advocates for small business and rational rule making is leaving the Securities and Exchange Commission.  Daniel Gallagher, an SEC Commissioner for the past four years, has reportedly told multiple people he is ready to move on after a vocal tenure… Read More

Funding Circle’s Sam Hodges Presents at the House Committee on Small Business​ Hearing

Sam Hodges Funding Circle

In a Wednesday hearing titled “Bridging the Small Business Capital Gap: Peer-to-Peer Lending,” Funding Circle‘s co-founder and managing director Sam Hodges presented to the House Committee on Small Business​. According to the committee’s website, “The purpose of the hearing was to examine the rise of peer-to-peer lending platforms… Read More

The Influential Network’s Ryan Detert & FlashFunders’ Vincent Bradley Talk Equity Crowdfunding Success

Influential House Crowdfunded on Flashfunders

Last fall I interviewed FlashFunders Co-Founder Vincent Bradley to learn more about his newly launched, no-fee equity funding platform.  In the months following, Bradley and his team have stewarded startups and streamlined their process. The platform recently reached a major milestone: closing a major round… Read More

Alphaworks is Now Quire as Crowdfunding Platform Focuses on Community

Team Quire

Alphaworks, the equity crowdfunding sibling of Betaworks, has rebranded as Quire, launching a redesigned site adding new features for users. Alphaworks has launched several, highly curated, equity offers in past months. The platform allows the crowd to join alongside professional investors / VCs to invest… Read More

SEC Chair Mary Jo White on JOBS Act: “Final Crowdfunding Rules is Our Last Major Rulemaking to Complete”

Mary Jo White

SEC Chair Mary Jo White opened up last weeks Investor Advisory Committee meeting with a brief welcome and recap of recent events. She first commented on the final rules for Reg A+ “which are intended to enhance the ability of small companies to raise capital”,… Read More

OTC Markets CEO Cromwell Coulson Shares Insight on Reg A+, Venture Exchanges

Cromwell Coulson at SEC

  In 2014 OTC Markets claimed a record “exchange graduation year” with 83 companies “up-listing” from the OTC marketplaces to a NYSE or NASDAQ listing. OTC Markets also experienced a 92% increase in the number of US companies that qualified for their OTCQX Marketplace and now has over 660… Read More

Regulation A+ : A Practical Perspective

Regulation A+ Panning for Gold

By now, the startup world has heard the news. Finance blogs are ablaze, and twitter feeds are lighting up with word that capital just became a whole lot easier to access. Entrepreneurs from coast to coast are leaning back in their chairs, greedily steepling their… Read More

SEC Commissioner Daniel M. Gallagher Speaks to the Crowdfunding Ecosystem – It’s Time to Listen and Act

Daniel Gallagher SEC Speech

Having just read SEC Commissioner Daniel M. Gallagher’s remarks at Vanderbilt Law School last Friday,  he may not be the only champion of smart regulation for small business capital formation.  But he is surely one of the most visible and important voices in this area. … Read More

Commissioner Gallagher Delivers Incomplete Report Card to SEC; Derides Nanny State Protection

Incomplete

We reported on Saturday that Commissioner Daniel Gallagher had visited the land of the Commodores in Nashville and delivered a piercing speech where he labeled Title III, retail crowdfunding as similar to former East Bloc Germany. While I wondered who would play the role of… Read More

Interview: Cloud Lending CTO Darpan Saini and LendingPoint CTO Franck Fatras Discuss Partnership and Cloud Solutions

Clouds Beach Sky Sun

In February Cloud Lending Solutions announced that its customer and partner,  LendingPoint, had successfully used Cloud Lending as a foundation to go from concept to market in less than ninety days.  Helmed by CEO and Founder Snehal Fulzele and CTO Darpan Saini,  Cloud Lending has quickly disrupted global direct online lending as more and… Read More

FACT SHEET: Regulation A+, Title IV of the JOBS Act

SEC Headquarters in DC

The Securities and Exchange Commission has put together a nice fact sheet on Title IV of the JOBS Act, commonly referred to as Regulation A+.  The final rules, available here, encompass a 450 page document sharing the process behind the decision making process.  The fact… Read More

Fundrise CEO Ben Miller: New Reg A+ is a “Goldilocks” Change in Regulatory Environment

The Fundrise Team Small

Fundrise, one of the first crowdfunding platforms in the United States, was an early innovator when it comes to real estate crowdfunding.  Founded by brothers Ben & Dan Miller, the pair started using old Regulation A to offer shares in small real estate deals. This… Read More

The Reg A+ Bombshell: $50M Unaccredited Equity Crowdfunding Title IV takes Center Stage

SEC Commissioners too

In a stunning development earlier today, the SEC released final Regulation A+ rules under Title IV of the JOBS Act that pre-empts state law for larger Regulation A offerings up to $50M and provides for state coordinated review for offerings up to $20M.  Growth companies… Read More

SEC Schedules Open Meeting on Rules for Title IV of the JOBS Act

SEC Commissioners Mary Jo White

The Securities and Exchange Commission has announced an open meeting to be held on Wednesday, March 25th, to consider whether to adopt rules and forms related to the offer and sale of securities pursuant to Section 3(b) of the Securities Act of 1933 to implement… Read More

Q-&-A: PENSCO CEO Kelly Rodriques Discusses The Definition of ‘Accredited Investor,’ The JOBS Act And More

Kelly Rodriques and Eileen Loustau

Shortly into 2015, Kelly Rodriques, president and CEO of PENSCO Trust Company, a leading alternative asset custodian, shared his top five predictions for the year underway. Crowdfund Insider caught up with him for a more detailed Q-and-A about his predictions—from the $1 million investment cap… Read More