Tagged: sec

OnDeck CEO Noah Breslow Shares His Innovative Vision for Marketplace Lending: Transforming How Money Flows

OnDeck IPO NYSE

“We are extremely excited by the possibilities of the next decade in the alternative finance market… OnDeck’s vision is to transform how money flows to small businesses by leveraging our platform to provide capital on demand for small business owners. The data flowing through a small… 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

Seed Equity Capital Partners’ Todd Crosland Launches New Venture Fund

todd crosland

Seed Equity Capital Partners, LLC, announced today that it is launching Seed Equity Venture Fund I, L.P. (the “fund”), a venture seed fund targeting $10 million to invest in early growth stage technology companies. The fund has made a filing with the SEC under Rule 506(c),… Read More

SEC Commissioner Kara Stein: “I Have Been Thinking About Ways to Plug the Gaps in Access to Capital for Startups & Emerging Companies”

Kara Stein SEC

SEC Commissioner Kara Stein participated in the U.S. Treasury Department’s Corporate Women in Finance Symposium last week where she delivered a speech tackling creating a stronger economy and creating healthy companies.  The topic of the day was “Opportunities for Investment, Innovation, and Growth through Technology and Corporate… Read More

SEC Chair Mary Jo White Visits House Appropriations Subcommittee on Financial Services to Ask for Funds

Mary Jo White April 15 2015

April 15th was not only the dreaded federal tax deadline day, but it is also the date that Jackie Robinson played his first professional baseball game and the day Abe Lincoln died. It also happens to be the date (this year) that SEC Chair Mary Jo… Read More

SEC Commissioner Gallagher: International Financial Stability Board “The Height of Regulatory Hubris”

Daniel Gallagher Title IV

In a world of growing governmental over-reach it is rare to find a regulator who wants to do less not more.  But it makes sense. Budgets are made, and funding allocated, based on predicted needs of tomorrow not the reality of last year. Legislators make rules… 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

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

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

Commissioner Gallagher: Title III Crowdfunding is “1970s East Germany”

Nva-ehrenwache East German Soldiers by Michail Jungierek

SEC Commissioner Daniel Gallagher gave a speech yesterday at the Vanderbilt Law School in Nashville. While the text of the speech is not yet available, Bloomberg has quoted  the Commissioner on Title III of the JOBS Act as being smothered by red-tape.  Effectively he is highlighting… Read More

All in: CFIRA Applauds SEC Commissioners Approval of Reg A+

SEC Commissioners Should Finalize Regulation A

The U.S. Securities and Exchange Commission (SEC) unanimously adopted final rules on Wednesday to expand Regulation A, an existing securities registration exemption, under Title IV of the JOBS Act, often referred to as “Regulation A+.” The expansion of Regulation A will expand capital markets for small public securities… Read More

CommunityLeader to SEC: Thanks for Publishing Reg A+ Rules!

Gallery of SEC Commissioners

On Wednesday, the SEC Board of Commissioners approved the publishing of the rules associated with the Jobs Act 2012 Title IV. Now, the executives at CommunityLeader, Inc., a technology and service leader in the emerging crowdfunding industry, is ready to share their thoughts about the rules…. Read More

SEC to Require Broker/Dealers Active in Off-Exchange Market to Become Members of National Securities Association

SEC Commissioners Mary Jo White

The Securities and Exchange Commission today proposed rule amendments to require that broker-dealers trading in off-exchange venues become members of a national securities association.  The amendments are designed to enhance regulatory oversight of active proprietary trading firms, such as high frequency traders (HFT). “This proposal… Read More

Final Rules for Title IV of the JOBS Act to Include State Pre-emption But for Tier 2 Only

Mary Jo White Title IV Hearing

The Securities and Exchange Commission met today to finalize rules for Title IV of the JOBS Act, commonly referred to as Regulation A+.  As expected the Commission quickly approved rules that included state Blue Sky pre-emption but for only Tier 2 of Title IV.  The… Read More

LOOKING FOR THE EXIT – Commissioner Aguilar Presses On The Need For Greater Secondary Market Liquidity 

Where is the Exit 2

Earlier this month, Commissioner Luis A. Aguilar addressed the Advisory Committee on Small and Emerging Companies in Washing D.C. In his speech (embedded below), Commissioner Aguilar echoed the sentiments of the market in arguing the need for increased liquidity in the private placement market. His… Read More