Watch: House Subcommittee Hearing on Crowdfunding

Jeff LynnOn May 1, 2014 the Subcommittee on Capital Markets and Government Sponsored Entreprises held a hearing entitled “Legislative Proposals to Enhance Capital Formation for Small and Emerging Growth Companies, Part II”.  The witness list included several well known participants from the crowdfunding industry including:

  • Mr. Benjamin Miller, Co-Founder, Fundrise
  • Ms. Annemarie Tierney, Executive Vice President and General Counsel, SecondMarket
  • Mr. William Beatty, Director of Securities, Securities Division, Washington State Department of Financial Institutions
  • Mr. Jeff Lynn, Chief Executive Officer, Seedrs Limited

A portion of this hearing surrounded the introduction of draft legislation to remove Title III retail crowdfunding from the JOBS Act and replace it with more effective legislation.

 

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