Why Tech’s Finance Wizards Are Tearing Out Their Hair

SEC Small Business Capital Formation 2012… 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 end of last year under the terms of the JOBS Act.

“It’s not that we’re bitter as much as we’re frustrated,” says Candace Klein, founder of a crowdfunding startup Somolend and former chairman of Crowdfunding Intermediary Regulatory Advocates, an industry group. “Many of us did raise capital based on that deadline and now we have shareholders we have to answer to to explain why that’s not happening, and that puts us as entrepreneurs in a tough spot.”

“My face is turning blue from holding my breath.”

Read more at Wired



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Disclosure Quest

Reg A - Form 1-A Filings Beta

Beta. Initial Form 1-A only. Target raise is the stated Amount to be Raised, totaled. Compared with the same dates one year earlier.

YTD: Jan 1, 2026 - Oct 22, 2026 vs Jan 1, 2025 - Oct 22, 2025

Share this graph
Number of Filings130Prior 125 +4.0%
Target Raise, Total$3.37BPrior $3.54B -4.7%
This YTDYear priorChange
Filings 130 125 +4.0%
Target raise $3.37B $3.54B -4.7%

Sponsored by the Crowded Media Group the leading digital news service covering the global Fintech Industry, including digital assets, crowdfunding, tokenization, and other innovations in capital markets. email us @CrowdfundInside

Source: DisclosureQuest. Initial Form 1-A only.

Created by Crowded Media Group

This display counts initial Form 1-A filings only. It does not represent subsequent filings, including Form 1-A/A amendments or Form 1-A POS post-qualification updates filed by the issuer. Amounts are the stated Amount to be Raised on the initial filing, not capital raised and not amounts revised in later filings.

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