Politics, Legal & Regulation

February 17, 2015 @ 2:07 pm By JD Alois  |  

Due to inclement weather, and the associated closure of Federal Offices in Washington, DC, the Advisory Committee on Small and Emerging Companies has postponed its meeting to a later date.  Originally scheduled to take place today (February 17th), no new meeting date was disclosed. The… Read More

February 16, 2015 @ 12:13 pm By JD Alois  |  

The Monetary Authority of Singapore (MAS) has released a document outlining the proposals to introduce investment crowdfunding in Singapore.  Comments are being accepted on the consultation paper until March 18th.  The widely expected publication is in recognition of the shift from traditional forms of finance… Read More

February 16, 2015 @ 8:38 am By JD Alois  |  

Late last year Delbert Hosemann, the Secretary of State of Mississippi, convened a crowdfunding study group to review the potential of allowing investment crowdfunding in their state.  According to an announcement lastFriday, Mississippi will be next on the list to legalize the new approach to capital… Read More

February 16, 2015 @ 5:00 am By Erin Hobey  |  

Last week Crowdfund Insider published a write up on the regulatory review completed by the Financial Conduct Authority (FCA) in the United Kingdom. At that time Crowdfund Insider quoted the FCA document that summed things up: “We have seen the crowdfunding market continue to grow rapidly. We recognise that it is… Read More

February 13, 2015 @ 6:27 pm By JD Alois  |  

Investment crowdfunding nearly became legal in the state of North Carolina last year.  Unfortunately internal politics sidelined the bill but now new legislation has been introduced that may allow an unlimited amount of capital to raised for private companies. The bill has been introduced in… Read More

February 13, 2015 @ 10:03 am By Anna Duning  |  

Crowdfunding platforms just became the latest target for patent trolls – entities that purchase patents, not to produce any goods or services, but to threaten and file infringement suits and attempt to collect licensing fees. Take the case of AlphaCap Ventures, LLC, a company that… Read More

February 11, 2015 @ 2:55 pm By Erin Hobey  |  

The number of foreign and domestic crowdfunding portals is expected to rise in Thailand once the regulations to govern crowdfunding in the country will be out. The Securities and Exchange Commission (SEC) of Thailand said the rules are now being finalized and could be out… Read More

February 10, 2015 @ 10:57 am By Erin Hobey  |  

Securities Commission Malaysia (SC) has released the Guidelines on Regulation of Markets under Section 34 of the Capital Markets and Services Act 2007 to introduce new requirements for the registration of equity crowdfunding (ECF) platforms and provide governance arrangement for the operator of such platforms…. Read More

February 10, 2015 @ 9:04 am By Samantha Hurst  |  

Last week, North Carolina Commerce Secretary, John Skvarla, revealed that crowdfunding could be the answer to small businesses in the state. According to the Triangle Business Journal, legislators filled a bill last month that would allow non-accredited investors to fund up to $2,000 into private ventures. The… Read More

February 8, 2015 @ 7:00 pm By Anthony Zeoli  |  

As the S.E.C. continues to drag its feet on releasing final Title III crowdfunding rules, the intrastate crowdfunding movement shows no signs of slowing down. Here is a brief update as to the status of the enactment/use of intrastate crowdfunding exemptions in certain states. Minnesota… Read More

February 6, 2015 @ 9:38 pm By JD Alois  |  

Earlier this week Crowdfund Insider published a write up on the regulatory review completed by the Financial Conduct Authority (FCA) in the United Kingdom. At that time we quoted the FCA document that summed things up by saying; “We have seen the crowdfunding market continue to grow… Read More

February 5, 2015 @ 8:43 am By Erin Hobey  |  

Marcus New, the Founder and Chief Entrepreneur of InvestX, is an experienced entrepreneur; he founded and served as chairman (and previously the CEO) of Stockhouse, Canada’s leading financial community and a global hub for affluent investors, with up to 1 million unique monthly visitors. Prior to… Read More

February 4, 2015 @ 2:32 pm By JD Alois  |  

Tandem bills legalizing crowdfunding have been introduced in the state of Arizona. Yesterday HB 2591 and SB 1450 were introduced to begin the process of allowing investment crowdfunding in amounts up to $2.5 million. According to the draft rules, companies that have not undergone an… Read More

February 4, 2015 @ 9:52 am By Barry James  |  

I’m no lawyer but if it were about a firm or an individual I think it would probably be a libel to re-characterise the content of yesterday’s FCA report and their comments on Equity Crowdfunding as either a ‘rebuke’ or a ‘crackdown’. This is deeply… Read More

February 3, 2015 @ 9:45 am By JD Alois  |  

As anticipated, the Financial Conduct Authority (FCA) has published a regulatory review of the crowdfunding environment – including investment crowdfunding and peer to peer lending. Rules were initially released in March of 2014 with the government entity taking a “light touch approach” that was broadly embraced… Read More

February 3, 2015 @ 3:07 am By Midori Yoshimura  |  

Virginia’s House of Delegates on Monday passed Del. Scott Taylor’s crowdfunding bill, which creates an exemption from some of stipulations of the Securities Act for businesses in Virginia raising money from investors in the Commonwealth, reports the Augusta Free Press. Crowdfund Insider also featured the… Read More

February 2, 2015 @ 5:37 pm By JD Alois  |  

Today (February 2nd) the Banking, Commerce and Insurance Committee will be having a hearing to discuss LB226 sponsored by Senator Colby Coash from Lincoln, Nebraska.  The bill puts Nebraska on the roster of the growing number of stats that are pushing forward with their own intrastate… Read More

January 30, 2015 @ 12:54 pm By JD Alois  |  

SEC Chair Mary Jo White re-animated a previously moribund Advisory Committee on SMEs late last year.  These “small” companies are private companies, as well as those publicly traded, with market capitalizations of under $250 million. This initiative was undertaken in recognition of the importance of… Read More

January 30, 2015 @ 9:48 am By Erin Hobey  |  

The peer-to-peer lending industry in the UK lent just over £1.2 billion in 2014 according to new figures released today from the Peer-to-Peer Finance Association (P2PFA). The sector has now lent more than £2.1 billion in total, doubling in size since the end of 2013, says the… Read More

January 30, 2015 @ 8:49 am By Midori Yoshimura  |  

  Hong Kong could shine along the lines of the U.S. and London as a solar finance hub, if it weren’t for the city’s financial laws, writes Bryane Michael, senior fellow at the University of Hong Kong law faculty’s Asian Institute for International Financial Law,… Read More