Tagged: jobs act

July 5, 2013 @ 9:20 am By JD Alois  |  

The FINRA Board of Governors has scheduled a meeting on July 11th – one day after the SEC meeting to review portions of the jobs act, specifically regulation pertaining to Regulation D or private placements. The FINRA board will review a proposal to solicit comment… Read More

July 5, 2013 @ 9:15 am By Charles Luzar  |  

The Alliance of Merger & Acquisition Advisors is holding their annual conference in Chicago next week, and for the first time ever the conference will include a large panel on crowdfunding. The AM&AA is comprised of 900 independent professionals – CPAs, attorneys, investors, M&A advisors,… Read More

July 3, 2013 @ 5:08 pm By JD Alois  |  

SEC Meeting on Wednesday, July 10th at 10AM  Will Address General Solicitation. The SEC has moved a step closer in finalizing the regulations regarding the implementation of the Jobs Act. Recently there was a meeting held with Mary Jo White which involved crowdfunding industry leaders… Read More

June 14, 2013 @ 9:22 am By Charles Luzar  |  

Members of the House Financial Services Committee are exploring the option of passing additional legislation even as crowdfunding industry stakeholders continue to wait on the SEC to pass legislation Although small companies are at the forefront of technological innovation and job creation, they often face… Read More

June 12, 2013 @ 5:58 pm By JD Alois  |  

The Hartford Enhances Management Liability Offerings For Small And Midsize Businesses, includes Crowdfunding under the Jobs Act. The Hartford has enhanced its private company management liability offerings with Private Choice OvationSM, a comprehensive package policy with updated and expanded coverage options designed to address the most important emerging exposures… Read More

June 5, 2013 @ 9:26 am By PolicyMic  |  

Welcome to America, a land where, as an adult, you can legally gamble your money away at a casino, buy all of the cigarettes you can smoke, or kill yourself by fastidiously consuming fast food. Welcome to America, where, unless you’re an accredited investor, meaning you… Read More

May 30, 2013 @ 8:41 am By Slate  |  

The (absurdly named) JOBS (aka Jumpstart Our Business Startups) Act hasn’t really been phased in yet, but when it is it’s going to become a lot easier for vendors of exotic financial products to market themselves loudly and publicly. In principle, for example, you might… Read More

May 28, 2013 @ 4:05 pm By Businessweek  |  

These days, you’re unlikely to encounter a story about equity-based crowdfunding that doesn’t come with some form of the following disclaimer: More than a year after President Obama signed the JOBS Act into law, the Securities and Exchange Commission has yet to formalize rules that… Read More

May 22, 2013 @ 10:14 pm By Techonomy  |  

When the JOBS Act was signed into law, its knotty crowdfunding provisions quickly became a source of consternation for the SEC. More than one year later, the law continues to languish, as the SEC moves slowly to implement its two most important provisions. One would enable general advertising for… Read More

May 22, 2013 @ 10:26 am By Charles Luzar  |  

Dealstruck is a debt-based crowdfunding platform based in La Jolla, California. It was launched by co-founders Ethan Senturia and Russel McLoughlin. In a recent interview with Xconomy, Senturia describes the process of launching the company. The throught process he alluded to should raise a red… Read More

May 20, 2013 @ 8:13 am By Charles Luzar  |  

A report released last month entitled Equity Crowdfunding and Venture Capital included some interesting revelations regarding what US venture capitalists and lawyers expect from equity crowdfunding. The report surveyed VCs and lawyers based in the states. Questions sought to gauge expectations about the JOBS Act’s trajectory and… Read More

May 20, 2013 @ 2:43 am By TheFiscalTimes  |  

Last week, Donald Trump announced – with characteristic flair – his involvement with a crowdfunding startup named FundAnything. The Donald’s presence would be something of an embarrassment for many companies, but then the tech sector has never been above a little shameless self-promotion. In fact,… Read More

May 17, 2013 @ 10:58 am By Charles Luzar  |  

Lona Nallengara has been named the SEC’s chief of staff today, leaving his previous post as the director of the agency’s Division of Corporate Finance. Nallengara took his lumps in a recent House Committee hearing over the SEC’s delay in implementation of the JOBS Act,… Read More

May 17, 2013 @ 9:52 am By Northwest Public Radio  |  

Crowdfunding websites have grown rapidly as a way to raise money for creative ventures… everything from movies to scientific research to clever inventions. You might have heard of Kickstarter, Indiegogo or Rockethub. It would be just a small leap to use those same platforms to… Read More

May 15, 2013 @ 7:58 am By Charles Luzar  |  

Title III of the JOBS Act stands to legalize the participation of non-accredited investors in crowdfunding offerings. One of the wildcards in the approach up to the implementation of Title III is the cap on how much an individual is allowed to invest per year,… Read More

May 14, 2013 @ 9:58 am By The Hill  |  

The JOBS Act has the potential to help entrepreneurs finance their small and emerging growth businesses through “crowdfunding,” but only if we get the costs right. In the year since the measure was signed into law, online technology platforms have continued to successfully disrupt the… Read More

May 12, 2013 @ 10:30 am By Philly.com  |  

(We) find it impressive that three Philly 50 companies – which tend to be large, established companies – went public in 2012. Epam Systems Inc., Five Below Inc., and Globus Medical Inc. are fairly young companies that spent years preparing for Wall Street-underwritten initial public… Read More

May 9, 2013 @ 9:47 am By Music Business Journal  |  

Over the last fifteen years, since the advent of the worldwide web, there has been a revolution in the world of finance. More money is being raised online today than ever before from crowds of like-minded investors, consumers, and communities of fans, especially in the… Read More

May 8, 2013 @ 9:54 am By Wired  |  

… It would be one thing if the SEC were painstakingly crafting rules to prevent fraud and investment bubbles, they add, but instead turnover at the top has kept commissioners sitting on rules that were drafted five months ago and due for release at the… Read More

May 7, 2013 @ 6:00 am By JD Alois  |  

In two recent no-action letters the SEC granted exemptive relief from broker dealer registration to crowdfunding sites accepting only pre-screened accredited investors on the basis that the platforms received carried interest rather than transaction based compensation. According to securities attorney Simon Riveles of Riveles Law Group,… Read More