Tagged: jobs act

October 2, 2013 @ 10:53 am By JD Alois  |  

Set to take place in January 2014, OneMedPlace has announced an expanded program schedule and a new venue for the Seventh Annual OneMedForum: Investing in Healthcare 2014.  The annual event will focus on the new financing strategies made possible by the JOBS Act and on areas of greatest… Read More

October 1, 2013 @ 11:19 am By Charles Luzar  |  

The JOBS Act may have been the last thing the US Congress could agree on. For now, vitriol and disagreement over issues, including but not limited to funding of the Affordable Care Act, have resulted in a government shutdown. What does this mean for the… Read More

September 30, 2013 @ 6:30 am By Samuel Guzik  |  

September 23, 2013 kicked off an historic period in federal securities laws.  For the first time in 80 years companies would be allowed to publicly solicit investors in unregistered private placements so long as all of the investors were accredited.  The SEC did so under… Read More

September 27, 2013 @ 7:00 am By Samuel Guzik  |  

Still Time to Comment on SEC’s Proposed Regulation D General Solicitation Rules? On July 10, 2013, the SEC issued its final rules allowing general solicitation and advertising in unregistered private placements, provided all of the investors were accredited, effective September 23, 2013.  However, on the… Read More

September 25, 2013 @ 2:08 pm By JD Alois  |  

As the Securities and Exchange Commission (SEC) delays final regulations pertaining to final legalization of crowdfunding, various state legislatures have taken matters into their own hands in their efforts to create jobs as opposed to over-regulating the capital formation process.  Now New Jersey has tossed… Read More

September 24, 2013 @ 9:33 am By Charles Luzar  |  

Yesterday general solicitation became legal for issuers opting to make use of the newly-minted Rule 506(c) of Regulation D. The option was added to Form D yesterday, which is available on the SEC’s web site. Some news outlets reported that Form D had to be filed… Read More

September 24, 2013 @ 5:08 am By JD Alois  |  

The study measuring the impact of Title II of the JOBS Act, conducted for Marketing 506c, indicated that 24,000 new jobs may be created annually in Arizona. The JOBS Act makes it easier for businesses to raise capital for startups or business expansion. Furthermore the… Read More

September 23, 2013 @ 11:26 am By Charles Luzar  |  

With the lifting of the ban on general solicitation, today marks the beginning of a grand experiment in capital formation in the United States. It is also a boon to a crowdfunding industry that has largely been on autopilot while the implementation timeline of the… Read More

September 19, 2013 @ 10:18 am By Charles Luzar  |  

Yesterday the SEC held a meeting of top advisors and staff to discuss the latest rulemakings and initiatives from within the Commission. The Angel Capital Association was invited to speak on a new rule to go into effect on September 23rd that lifts the ban… Read More

September 17, 2013 @ 8:04 am By Samuel Guzik  |  

September 23, 2013, represents an historic milestone for the U.S. securities industry. For the first time since the enactment of federal legislation in 1933, companies will be allowed to publicly solicit investors and advertise the sale of securities without registering the offering with either the… Read More

September 10, 2013 @ 4:46 pm By JD Alois  |  

Agenda Includes Important Issues Regarding Jobs Act Implementation. The Securities and Exchange Commission has released the agenda for their meeting of the Advisory Committee on Small and Emerging Companies to be held on Tuesday, September 17, 2013. The discussion is expected to include the final… Read More

September 10, 2013 @ 9:36 am By Brian Knight  |  

With the recent confirmation of Mary Jo White as Chairman of the SEC and Kara Stein, and Michael Piwowar as SEC Commissioners, the leadership of the SEC is undergoing significant changes that will affect public policy for years to come. It has been argued that… Read More

September 6, 2013 @ 7:33 am By JD Alois  |  

Silicon Valley based VC Taskforce, an organization working to enhance collaboration in the venture community, has announced their “Crowdfunding Series”, scheduled to launch on September 18, 2013.  The new programs will focus on the new world of crowdfunding, using equity, debt or pre-sale dollars. Founded in… Read More

September 4, 2013 @ 11:08 pm By JD Alois  |  

In a letter posted in the comments section of the Securities and Exchange Commission’s (SEC) web site, requesting feedback regarding forthcoming regulations addressing the change in rules impacting “General Solicitation” (Advertising), crowdfunding platform RockThePost takes the SEC to task for excessive regulatory zeal.  The missive… Read More

August 28, 2013 @ 11:06 am By Charles Luzar  |  

A recent blog post on TheCorporateCounsel.net corroborates our previous article that suggested crowdfunding rules would be proposed sometime this fall. However, the post also warns that the timeline for finalized Title III crowdfunding rules could stretch “well into 2014.” From the post… As this Washington… Read More

August 27, 2013 @ 8:59 am By JD Alois  |  

Earlier this year the SEC announced they had finally decided to relax the ban on “General Solicitation” or advertising for certain private placement offerings for accredited investors.  In recognition of a changing environment, albeit in a delayed fashion, the regulators have been forced to adjust… Read More

August 20, 2013 @ 10:52 am By Charles Luzar  |  

SeedInvest general counsel Kiran Lingam and Cooley, LLP partner Jim Fulton recently took part in a panel hosted by General Assembly. The goal was to wrap some perspective around the changes coming with Title II of the JOBS Act and general solicitation for offerings under… Read More

August 17, 2013 @ 12:12 pm By Charles Luzar  |  

In a comment letter submitted to the SEC, AngelList co-founder and CEO Naval Ravikant raises concerns over a proposed rule that would require startups seeking funding to file Form D 15 days before general solicitation takes place. In a nutshell, Ravikant expresses doubt that entrepreneurs… Read More

August 16, 2013 @ 10:32 am By Charles Luzar  |  

Do you think the definition of “accredited investor” is flawed? Do you fail to see how net worth and yearly salary has a direct tie to the sophistication of an investor? Are you of the opinion that too few (or too many) of your fellow… Read More

August 16, 2013 @ 9:14 am By JD Alois  |  

Longtime advocate of the JOBS Act and crowdfunding in general, Congressman Patrick McHenry will be sharing his perspective a TechVoice Roundtable.  TechVoice is a partnership of the Computing Technology Industry Association (CompTIA), the Technology Councils of North America (TECNA). The event is being held to learn about the… Read More