Archives

May 9, 2017 @ 4:20 pm By JD Alois  |  

William H. Hinman has been selected as the new director of the Security and Exchange’s Division of Corporation Finance. Hinman recently retired at the law firm of Simpson, Thacher & Bartlett in Silicon Valley. The SEC said that Hinman has been a recognized leader in… Read More

May 9, 2017 @ 1:47 pm By JD Alois  |  

The Securities and Exchange Commission (SEC) has charged a former employee with securities fraud in connection with trading of options and other securities. The SEC alleges that David R. Humphrey, who worked at the SEC from 1998 to 2014, concealed his personal trading from the… Read More

May 9, 2017 @ 12:34 pm By JD Alois  |  

SAFEs or “Simple Agreement for Future Equity” is a widely utilized security in the investment crowdfunding space. A SAFE is more of an option to invest in a company than anything else. It was created by Y Combinator in 2013 as a founder friendly method… Read More

April 5, 2017 @ 5:45 pm By JD Alois  |  

The SEC has announced it has adopted amendments to increase the amount of money companies may raise under Reg CF or retail crowdfunding. Initially, Reg CF capped the amount allowable for issuers to $1 million. The SEC has adjusted the amount for inflation and increased the… Read More

May 20, 2016 @ 11:02 am By Erin Hobey  |  

  The crowdfunding regulations of the Securities and Exchange Commission (SEC) became effective on May 16, 2016, and the agency has issued Compliance and Disclosure Interpretations (C&DIs) providing interpretive guidance on Regulation Crowdfunding. “It is encouraging to see the SEC being so proactive in issuing… Read More