Happy halloween to all of our stateside readers!
Do we have a “stock market rigged in favor of high-frequency traders?” According to this article yes, and it is turning investors away from the stock market. Where will those investors look to put their money? Crowdinvesting offerings could be a logical place to seek returns. Amy Cortese is interviewed here and shares her hyperlocal skew.
Michael Dorff is a professor at Southwestern Law School, and he thinks crowdfunding and its proponents are in for a rude awakening. He argues that unaccredited investors don’t have the tool set to capably vet crowdfunded deals, and issuers would be better served seeking investment elsewhere.
This is a fascinating take on how Chen, Strickler and Adler have built the crowdfunding behemoth that is Kickstarter’s. The post comes on the heels of news of a big shakeup at the executive level for Kickstarter. This is one must-read today.
This article acts as a teriffic breakdown of what is happening in the world of equity crowdfunding in Canada. As we have reported before, the Ontario Securities Commission has been working toward a crowdfunding exemption for quite some time now. This is a bit of an update on that effort.