Tagged: sec

Crowdfunding Counselor Sam Guzik, A Voice Galvanizing & Advocating for the Crowd

Sam Guzik National Press Club B

“I do not recycle or repackage the ideas of others.  I try to focus instead on broader JOBS Act issues and events which have thus far gone unnoticed – or barely noticed – and which require further thought, analysis and hopefully, action, by louder and… Read More

Regulation D: Private vs. Public Capital Raising (Deck)

Vladimir Ivanov and Sara Hanks

At the SEC Government-Business Forum on Small Business Capital Formation, Senior Financial Economist Vladimir Ivanov, gave an updated presentation regarding the state of Regulation D.  Ivanov delivered a very similar presentation at the end of 2014 with replicated slides.  He did update a couple of items… Read More

Cowen and Company is Interested in Using Regulation A+ (Deck)

Christopher Weekes Kevin Laws Rick Fleming at SEC

Cowen and Company, a publicly traded (NASDAQ:COWN) diversified financial services firm, is looking at the potential benefits of leveraging Regulation A+.  Title IV of the JOBS Act allowed the SEC to update old Reg A thus creating a securities exemption that has actually experienced some… Read More

Mary Jo White Reviews JOBS Act Success at Forum on Small Business Capital Formation

mary jo white November 2015

SEC Chair Mary Jo White opened the 34th annual Government- Business Forum on Small Business Formation. The prepared remarks were largely a re-cap of the JOBS Act. Completion of the rulemaking process occured with the release of Title III retail crowdfunding rules. White highlighted several… Read More

AngelList Gives Platform Update at SEC Event on Small Business Capital Formation (Deck)

Kevin Laws at SEC

Kevin Laws, Chief Operating Officer of AngelList, delivered an “illuminating” presentation at the SEC Government Business Forum on Small Business Capital Formation yesterday. AngelList, a leader in the equity crowdfunding sector, has become an important catalyst in the online finance space innovating and expanding its… Read More

Brief: Former SEC Commissioner Troy A. Paredes Joins StreetShares Board of Advisors

Troy A. Paredes

Earlier this month, small business marketplace lender, StreetShares, announced the appointment of Troy A. Paredes to its Board of Advisors. From 2008 until 2013, Paredes served as a Commissioner of the U.S. Securities and Exchange Commission (SEC), having been appointed by President George W. Bush. At… Read More

Financial Services Committee Opens SEC Hearing: “We have seen both good & bad news”

Jeb Hensarling

Today is one of those days when SEC Commissioner Mary Jo White must march up to Capitol Hill and justify the SEC’s actions over proceeding months while requesting a budget increase to cover the cost of the Agency’s growing responsibilities. Chair of the Financial Services Committee,… Read More

SEC Fires Back in Battle with Montana & Massachusetts on Regulation A+

Montana Massachusetts Take AIM at SEC

The ongoing battle between the States and the Securities and Exchange Commission took another step forward this week as the Commission responded to the States claims.  States securities regulators in both Montana and Massachusets, supported by the North American Securities Administrators Association (NASAA), have persistently… Read More

Agenda & Panelists Posted for SEC Small Business Capital Formation Forum

SEC Small Business Capital Formation Forum 2014

Later this week, on Thursday, the SEC Government-Business Forum on Small Business Capital Formation will take place at SEC headquarters.  An annual affair, the event has grown into a vibrant discussion regarding the challenges of SMEs to gain access to capital and the regulatory challenges… Read More

EarlyIQ’s CrowdSelect Set to Meet All SEC Regulation Requirements

EarlyIQ Square

On Tuesday, EarlyIQ, Inc. announced the immediate availability of EarlyIQ CrowdSelect, the company’s fully hosted suite of services that enables compliance by investment intermediaries including crowdfunding platforms and broker/dealers. CrowdSelect will meet all background and investor requirements under the new Regulation Crowdfunding rules recently approved… Read More

SEC: Jammin’ Java – Marley Coffee Entangled in Pump & Dump Fraud

Coffee Cup

The SEC has filed fraud charges against alleged perpetrators of a $78 million pump & dump scheme involving shares of Marley Coffee.  The company, Jammin Java, was marketed using the trademarks of reggae performer Bob Marley. In a release by the SEC, officials stated that… Read More

SEC Commissioner Kara Stein: Surfing the Wave of Financial Technology

surf surfing surfboard

Securities Commissioner Kara Stein visited Harvard Law School last week to present as part of a guest lecture series where she discussed securities regulation and capital markets. Stein posed the important question: “…how do we continue having the highest quality markets in the world, even… Read More

Peter Renton, Founder of Lend Academy & LendIt Conference, Contributes to Marketplace Lending’s Global Understanding, Growth & Success

Peter Renton at Lendit USA 2015

  “I think Fintech, particularly as it applies to lending, has the capacity to completely transform how consumers and small business use credit. The best platforms are true innovators, underwriting consumers and small businesses in new ways using data that was simply unavailable ten or… Read More

XTI Aircraft Files Regulation A+ Docs with SEC. Seeks $10 Million


The XTI Aircraft Company has filed with the SEC to complete a Regulation A+ offering following a successful Test the Waters (TTW) campaign that generated over $13 million in investor interest.  The company would like to raise $10 million using Tier II of the updated exemption. XTI… Read More

Steve Wallman, Former SEC Commissioner & Founder of Folio Investing, Reflects Upon Title III Equity Crowdfunding Rules

Steve Wallman Quote

Steve Wallman spent a good portion of the 90’s at the Securities and Exchange Commission.  Appointed by President Bill Clinton in 1994, Wallman’s official bio at the SEC notes that his tenure was marked by the creation of the first Advisory Committee on Capital Formation… Read More

Brief: Indiegogo Set To Participate In NextGen’s Equity Crowdfunding Conference


NextGen Crowdfunding has announced that reward-based crowdfunding platform, Indiegogo, will be participating in its November 19th Equity Crowdfunding Conference in Santa Monica, California. Amanda Hat, Senior Director of Growth Innovation at Indiegogo, will join other industry leaders discussing current and future directions in crowdfunding.Aubrey Chernick, founder… Read More

Congress Must Fix Title III Investment Crowdfunding, No Startup Will Touch it Unless Congress Acts

State of the Union Congress and Senate

I spent a lovely weekend reading (and re-reading) all 685 pages of the final SEC rules of Title III the Jobs Act. Ah, the joy of memorizing regulations! We helped Congress pass the JOBS Act back in 2012, to help everyone — no matter how wealthy — invest as… Read More

WeFunder to SEC: Title III Critical Flaw Harms Investors

Dear SEC

Investment crowdfunding platform WeFunder, a site that has raised over $10 million using Accredited Crowdfunding, sees a serious flaw in final rules of Title III of the JOBS Act.  In a recent open letter to the SEC, WeFunder CEO and co-founder Nicholas Tommarello said while… Read More