Politics, Legal & Regulation

September 6, 2014 @ 9:21 am By JD Alois  |  

Mayday PAC has paid for and released a television and radio ad with former New Hampshire Senator Gordon Humphrey, a 2 term US Senate Republican, endorsing the Maday selected candidate Jim Rubens.  The final weeks of the New Hampshire Senate campaign show a rapid improvement… Read More

September 5, 2014 @ 1:57 pm By Samantha Hurst  |  

With the FCC preparing to close public comments on its net neutrality proposal, crowdfunding giant, Kickstarter, is teaming up with Mozilla, Namescheap, Reddit, Etsy, Foursquare, Vimeo, and other major Internet companies to raise awareness about the situation by declaring to be “Day of Action.” According… Read More

September 3, 2014 @ 7:30 am By Kim Wales  |  

Some Issues in Title III Crowdfunding Regulations Require Modification. Recently, there has been a renewed call for action on Title III (Regulation Crowdfunding) to go-live. And there are some proponents in the industry that just want the rules to go live ‘as-is’. However, the Crowdfunding… Read More

September 2, 2014 @ 6:51 pm By JD Alois  |  

Kickercon, a crowdfunding conference took place this past week in Texas.  At one of the sessions Ron Miller,  CEO of StartEngine and hopeful  crowdfuning portal operator, took to the podium to pound the table on Title III retail crowdfunding. In a presentation titled:  Investment Crowdfunding… Read More

September 1, 2014 @ 2:36 pm By JD Alois  |  

Financial research group Beauhurst, a company that has been tracking the boom in UK equity investments has noted that the credit crunch of past is no longer holding back growing companies. To quote the company, growth companies are seeing a “massive surge in popularity among investors… Read More

August 29, 2014 @ 12:15 pm By JD Alois  |  

RateSetter CEO and founder Rhydian Lewis recently posted his views on the status of London in the emerging world of financial innovation.  RateSetter is one of the fastest growing P2P platforms in the UK and is expanding into Australia. First it must be acknowledged that… Read More

August 29, 2014 @ 11:14 am By JD Alois  |  

Malaysia, a country that has the 3rd largest economy in Southeast Asia and 29th largest economy in the world, released last week a consultation paper on equity crowdfunding.  The document has been entered for discussion and is accepting comments until September 5th.  The authors have… Read More

August 27, 2014 @ 12:05 pm By JD Alois  |  

The Crowdfund Intermediary Regulatory Advocates (CFIRA) has taken a firm and concise stand on the debate enveloping the definition of an “Accredited Investor”.  CFIRA has been at the forefront in advocating for financial innovation and investment crowdfunding.  The group promotes the interests of issuers AND… Read More

August 27, 2014 @ 8:21 am By JD Alois  |  

Voters Back Ruben Gallego as Mayday PAC Contributes $150,000 to His Campaign. Mayday PAC ran a grass roots crowdfunding campaign earlier this year to raised funds to battle special interests and big money in the US political system.  Essentially founder Lawrence Lessig took the approach… Read More

August 26, 2014 @ 5:28 pm By Samantha Hurst  |  

Grassroots momentum is rising in the crowdfunding industry, as potential investors, capital-seeking companies and funding option’s platforms urge the U.S. Securities and Exchange Commission (SEC) to implement the proposed rules, as amended during the comment period, legalizing true investment crowdfunding and giving more businesses the… Read More

August 26, 2014 @ 2:56 pm By JD Alois  |  

Winsconin’s crowdfunding law went into effect this past June, signed into law by Governor Scott Walker. The state crowdfunding exemption allows entrepreneurs to raise up to $2 million via an online investment platform ($1 million without an audit).  The law was unique in their approach… Read More

August 26, 2014 @ 7:44 am By Samantha Hurst  |  

The Commonwealth of Kentucky Jumps from 49th to 4th in Entrepreneur Ranking According to State Entrepreneurship Index (SEI). Kentucky representative, Steve Riggs, announced on Monday (August 25th) that he is filing new crowdfunding legislation to bring the funding option to his growing, entrepreneurial state.  The… Read More

August 24, 2014 @ 3:01 pm By JD Alois  |  

This past week German cabinet ministers voiced their support on a digital future by approving a “Digital Agenda 2014-2017” plan that intends on boosting digital technology and utilization in the economic engine of Europe. Interestingly Germany places 13th in internet connectivity behind both Belgium and… Read More

August 22, 2014 @ 3:41 pm By Samantha Hurst  |  

With a little under two months since investment crowdfunding has been legal in the state of Indiana, Secretary of State Connie Lawson spoke about the new opportunity the intrastate exemption is providing for growing businesses. Speaking about the state’s crowdfunding progress, Lawson stated, “Small businesses… Read More

August 22, 2014 @ 11:10 am By Samantha Hurst  |  

On Wednesday (August 20th), more than 40 participants from the crowdfunding industry gathered on a call to discuss key topics about the industry’s future. Those on the call were urged to join the #VoteOnCF movement, a campaign that urges the SEC to vote on the… Read More

August 22, 2014 @ 8:59 am By JD Alois  |  

The Honorable Craig Foss, a member of Parliament in New Zealand and former banker, has shared his opinion on the benefits of equity crowdfunding and peer to peer lending on Kiwi crowdfunding platform Snowball Effect.  The Financial Markets Conduct Act (FMC Act) legalized both equity… Read More

August 21, 2014 @ 9:10 am By Barbara Roper  |  

When Congress passed the JOBS Act lifting the ban on general solicitation in offerings under Rule 506 of Regulation D, it turned these so-called “private” offerings into potentially very public ones.  Since Reg D offerings involving general solicitation can only be sold to “accredited” investors,… Read More

August 20, 2014 @ 10:23 am By JD Alois  |  

Crowdfund Capital Advisors principles Jason Best and Sherwood Neiss have joined the growing group of crowdfunding industry participants demanding the Securities and Exchange Commission release final rules on Title III crowdfunding immediately.  In a comment letter addressed to SEC Chair Mary Jo White, Best and… Read More

August 18, 2014 @ 10:16 am By JD Alois  |  

The young German equity crowdfunding industry is under threat of excessive regulations under the guise of investor protection.  Earlier this month we reported on the proposed regulatory approach that crowdfunding platform Companisto described as; “… it is clear that the draft law significantly threatens the… Read More

August 17, 2014 @ 3:26 pm By JD Alois  |  

Following the example of the 28 members of Congress who forwarded a letter to the SEC urging them to publish the proposed rules on Title  III of the JOBS Act, some in the crowdfunding industry are taking action and looking to the crowd to join… Read More