Politics, Legal & Regulation

November 19, 2014 @ 9:15 am By Richard Swart  |  

  In my May 2014 article, “The Bell Tolls for Title III”, I laid out the reasons why it was highly unlikely that the SEC would issue Title III rules before the November elections and predicted that should the Senate flip to Republican control, we… Read More

November 18, 2014 @ 10:49 am By JD Alois  |  

CEI Report on Crowdfunding Tells Congress & Regulators to End ‘Millionaires Only’ Rules for Investment During Global Entrepreneurship Week, the Competitive Enterprise Institute (CEI) released a new report on how regulation threatens entrepreneurs and their abilities to start businesses, create jobs, and bring new products… Read More

November 18, 2014 @ 8:36 am By Samantha Hurst  |  

All five Security  and Exchange Commission (SEC) commissioners are scheduled to speak at the Annual Government-Business Forum on Small Business Capital Formation on Thursday (November 20th) from 9 a.m. to 5:30 p.m. It is expected that they will release significant news on Title III and Title… Read More

November 17, 2014 @ 11:59 pm By JD Alois  |  

Taxpayers Australia, a non-profit entity that promotes “fairer and more transparent taxation system for every Australian taxpayer” has published a cautionary note on individuals using crowdfunding and the potential tax liability that may be incurred. The advocacy group warns that the Tax Office has taken… Read More

November 17, 2014 @ 11:08 am By Joe Wallin & Dan Lear  |  

My friend Dan Lear and I wrote the attached letter to Congress to try to encapsulate in one place our various public policy suggestions to help startups. What you will find in the letter are 13 very specific and detailed public policy initiatives that Congress… Read More

November 16, 2014 @ 2:22 pm By Samuel Guzik  |  

Though SEC Commissioners Daniel M. Gallagher and Kara Stein may have travelled on the same plane on the way to the Los Angeles County Bar Association Annual Securities Regulation Conference to address a room of securities industry professionals on October 24, judging by their public… Read More

November 14, 2014 @ 12:45 pm By JD Alois  |  

The Securities and Exchange Commission has published the agenda, along with the names of the associated panelists, for the 2014 SEC Government-Business Forum on Small Business Capital Formation.  Each of the five sitting Commissioners are expected to be in attendance including Chair Mary Jo White…. Read More

November 14, 2014 @ 11:19 am By JD Alois  |  

Nesta and Cambridge University recently published an update on crowdfunding, peer to peer lending and all forms of alternative finance in the United Kingdom.  Crowdfund Insider reported on the complete publication but buried inside the document was an infographic gem.  The creative team at Nesta… Read More

November 14, 2014 @ 10:14 am By JD Alois  |  

Dr. Richard Swart, of UC Berkeley and Crowdfund Capital Advisors,  recently addressed the Deep Impact Conference in the UK via video to address the hot topic of crowdfunding and regulation.  Swart is a frequent speaker on crowdfunding and is a highly respected researcher on the… Read More

November 14, 2014 @ 9:08 am By Erin Hobey  |  

Dr. Mia Gray opines about the recent Nesta and University of Cambridge report.   To recap, Nesta, a UK based innovation charity and staunch proponent of entrepreneurship and creativity, recently published an update on the alternative finance industry in the United Kingdom.  Crowdfund Insider JD Alois explains, “The report notes… Read More

November 12, 2014 @ 10:47 am By JD Alois  |  

Minnesota has joined the growing list of states that may want legalized investment crowdfunding now -and not just for accredited investors.  Recognizing that Title III is encumbered with excessive costs and a too low cap on amounts an issuer may raise,  a group called “MNvest”… Read More

November 11, 2014 @ 12:28 pm By Samantha Hurst  |  

During her visit to the small village of Ellsworth on Friday (November 7th), Wisconsin’s newly re-elected Lt. Governor, Rebecca Kleefisch, discussed ways for small start-ups to receive funding, one of which was crowdfunding. According to Pierce County Herald, Russ Korpela used crowdfunding to raise capital… Read More

November 10, 2014 @ 7:27 am By Samuel Guzik  |  

As one who has represented small and emerging growth companies over the past 36 years in navigating access to the capital markets, I have closely followed the legislative and regulatory developments in Washington, D.C. since the enactment of the Jumpstart Our Business Startups Act of… Read More

November 8, 2014 @ 12:09 pm By JD Alois  |  

The Crowdfund Intermediary Regulatory Advocates (CFIRA) has scheduled a public event in Washington, DC, on November 21st, to update and review the community on various aspects of the JOBS Act including Title II, Title III and Title IV.  The 2nd Annual Regulatory Summit has been… Read More

November 7, 2014 @ 11:32 am By Anthony Zeoli  |  

As noted in my prior post, “Draft Bill: Illinois Intrastate Crowdfunding Exemption,” an official draft of my proposed Illinois Intrastate Crowdfunding Exemption was recently finished. To my surprise, people actually read it and I have been getting a lot of questions as to why I… Read More

November 5, 2014 @ 8:11 am By Samuel Guzik  |  

The place was Washington, D.C. The occasion was the Annual Meeting of the Angel Capital Association at the Hilton Hotel in March 2014. Hundreds of attendees were gathered for lunch in the main Ballroom, the largest in the City. The lineup of luncheon speakers was… Read More

October 31, 2014 @ 5:22 pm By JD Alois  |  

Yancey Strickler, CEO and co-founder of global crowdfunding platform Kickstarter, has been a consistent and vocal advocate for equality in internet service.  He has joined a broad coalition of voices confronting internet service providers who are determined to denigrate service for some.  Broadband providers want… Read More

October 30, 2014 @ 10:30 am By JD Alois  |  

David Weild, former Vice Chairman of NASDAQ and current CEO of IssuWorks, made an appearance at the offices of Pepper Hamilton last week to discuss capital formation for small businesses. The event was organized by Dara Albright, a vocal advocate of crowdfunding and a leading… Read More

October 29, 2014 @ 3:00 pm By JD Alois  |  

DJ Paul, CFIRA Co-Chair and CSO of Propellr, has been appointed by SEC Chair Mary Jo White to become a member of the SEC Advisory Committee on Small & Emerging Companies for a term that begins immediately.  The SEC established this committee in 2011 as… Read More

October 29, 2014 @ 9:55 am By JD Alois  |  

Embedded below is the published report by the Financial Conduct Authority (FCA) regarding feedback to their “Project Innovate”. Project Innovate was established to support industry innovation by  opening the FCA doors to businesses (large and small) who are developing innovative approaches that can benefit consumers… Read More