Politics, Legal & Regulation

April 11, 2013 @ 12:21 pm By Charles Luzar  |  

Today the US House of Representatives Committee on Small Business held a meeting today in an effort to provide an update on the implementation of the JOBS Act. Two panels were invited to testify on the record. The first panel included Lona Nallengara and John Ramsay of… Read More

April 11, 2013 @ 12:13 pm By JD Alois  |  

North Carolina Introduces Bill to Legalize Crowdfunding in North Carolina. As the parlor game surrounding the question as to when the SEC will release their thoughts on regulating crowdfunding, some states are looking to move forward without the guidance of our federal government. In North… Read More

April 11, 2013 @ 7:30 am By JD Alois  |  

The Securities and Exchange Commission  announced that Mary Jo White was sworn in yesterday as the 31st Chair of the SEC. Chairman White comes to the SEC with decades of experience as a federal prosecutor and securities lawyer. She was nominated to be SEC Chair… Read More

April 10, 2013 @ 8:38 am By Xconomy  |  

… While skeptics point out there might be natural limits on how successful equity crowdfunding could be, the immediate reason for the holdup is the SEC. The JOBS Act required the commission to create the rules governing equity crowdfunding within nine months of its passage. The… Read More

April 9, 2013 @ 12:44 pm By The Business Journal  |  

This was the scene a year ago, when President Barack Obama signed the JOBS Act, which legalized the use of crowdfunding for equity investments. The SEC, however, still has not issued regulations to make this new way of raising capital a reality. If you’re hoping… Read More

April 8, 2013 @ 6:42 pm By Washington Post  |  

Already months behind schedule, federal regulators charged with establishing the rules to implement new online crowdfunding portals still cannot say when they will issue those guidelines. On Monday, the resulting frustration from entrepreneurs, investors and those trying to build those online financing portals was on… Read More

April 8, 2013 @ 3:02 pm By JD Alois  |  

The US Senate confirmed on Monday that former prosecutor and corporate attorney, Mary Jo White, will be the new Chairman of the Securities and Exchange Commission. The incoming Chairman was appointed by President Obama in January after Mary Schapiro stepped down, passing the mantle to… Read More

April 8, 2013 @ 7:30 am By Terra  |  

The crowdfunding industry is frustrated that the Securities and Exchange Commission has not yet finalized rules that will potentially turbocharge the industry. But it is also cautiously optimistic that there will be movement this year. The SEC is expected to finalize and implement rules on… Read More

April 7, 2013 @ 6:02 pm By JD Alois  |  

Congressman Patrick McHenry releases video for the one year anniversary of the Jobs Act being signed into law. Congressman McHenry specifically comments on crowdfunding urging the Securities and Exchange Commission to move forward with the delayed crowdfunding regulations.  The Congressman points out that President Obama… Read More

April 6, 2013 @ 3:08 am By Upstart Business Journal  |  

As an angel investor who hears pitches from ambitious entrepreneurs daily, I know that crowdfunding will not be some fad, a blip in era of social networking. I also know that crowdfunding is not about number crunching, technical indicators and fueling yet another tech bubble—there… Read More

April 6, 2013 @ 2:37 am By WSJ.com  |  

One year ago, President Obama signed the Jumpstart Our Business Startups Act into law. So, why isn’t “equity crowdfunding” a reality for startups and regular people who want to support them, in the U.S.? For the unfamiliar, equity crowdfunding–under the JOBS Act–allows startups and small businesses… Read More

April 5, 2013 @ 7:22 pm By JD Alois  |  

CrowdIt, today joins the crowdfunding industry in recognizing the one-year anniversary of the signing of the Jumpstart Our Business Startups (JOBS) Act by President Obama. The bill will allow entrepreneurs to fund small businesses through a new crowdfunding model that provides equity shares in startups…. Read More

April 4, 2013 @ 7:01 am By TheStreet  |  

It’s been one year since the Jumpstart Our Business Startups (JOBS) Act was passed with the intention to reduce red tape and costs for initial public offerings. The theory was that by doing this and creating crowdfunding for companies, the IPO market would take off…. Read More

April 2, 2013 @ 3:30 pm By JD Alois  |  

The Securities and Exchange Commission today issued a report that makes clear that companies can use social media outlets like Facebook and Twitter to announce key information in compliance with Regulation Fair Disclosure (Regulation FD) so long as investors have been alerted about which social… Read More

April 1, 2013 @ 8:04 pm By JD Alois  |  

In a gracious and wide ranging speech given to students at George Washington University, current SEC Chairman Elisse Walter spoke about the mission of the Securities and Exchange Commission and the importance of the public sector in regulating markets and the overall health of the… Read More

April 1, 2013 @ 6:09 am By JD Alois  |  

India is a huge, developing country and enormous economy.  With a population of over 1.2 Billion, and a middle class that is expanding dramatically, one would expect the capital formation power of crowdfunding would be taking hold in this dynamic country.  Equity crowdfunding is not… Read More

March 25, 2013 @ 10:53 am By JD Alois  |  

As reported on the pages of Euroalert, “The European Commission has launched the first of the six parts that form the StartUp Europe campaign. A portion of the initiative attempts to structure crowdfunding in Europe.  The key objective of the plan is to interconnect the… Read More

March 25, 2013 @ 8:30 am By JD Alois  |  

Attached is the speech, in it’s entirety, as delivered by SEC Chairman Elisse Walter, presented to the Australian Securities and Investment Commission (ASIC) which was done by video conference yesterday for the event occurring in Sydney Australia.  While no mention of crowdfunding was directly included… Read More

March 24, 2013 @ 10:07 am By JD Alois  |  

Current SEC Chairman Elisse Walter will be delivering a speech to the Australian Securities & Investments Commission (ASIC) via video this week where she will address issues of  international co-operation amongst security regulators.  According to The Australian, she was originally to attend the conference but due… Read More

March 23, 2013 @ 4:58 am By InformationWeek  |  

This week, U.K. Chancellor George Osborne delivered another gloomy national budget. In the context of ongoing austerity, local government in particular has had to tighten its belt and rein in spending, with things such as cutting library opening times or closing local projects. By 2015,… Read More