Tagged: aoip

December 5, 2023 @ 4:55 pm By JD Alois  |  

Congressman Patrick McHenry, a Republican from North Carolina and current Chairman of the House Financial Services Committee, has announced his intent not to seek re-election to the seat in Congress he has held for 20 years. In a statement posted on the Congressman’s website, he… Read More

October 9, 2023 @ 5:24 pm By JD Alois  |  

  One of the top items on the Securities and Exchange Commission (SEC) agenda under the leadership of Chair Gary Gensler is changes to Regulation D (Reg D) along with updates to the definition of an Accredited Investor. Currently, these amendments are number seven on… Read More

October 2, 2023 @ 11:10 am By JD Alois  |  

Maxwell Rich, a longtime legal executive at Republic, has departed the investment crowdfunding platform to join the global law firm Morrison Foerster (MoFo). Rich has also been President and Chair of the Association of Online Investment Platforms (AOIP), a position he will now pass on… Read More

August 31, 2023 @ 3:37 pm By JD Alois  |  

Earlier this month, CI reported on the Association of Online Investment Platforms (AOIP) – the group that advocates on behalf of platforms raising capital online – submitting recommendations to FINRA regarding a request for feedback on improving capital formation. FINRA [Financial Industry Regulatory Authority] is… Read More

August 17, 2023 @ 4:57 pm By JD Alois  |  

The Association of Online Investment Platforms (AOIP) provides feedback on FINRA’s request for input on improving capital formation. This past May, FINRA announced a request for comment on how FINRA rules may impact capital formation. The goal was to look for ways to increase efficiency… Read More

August 1, 2023 @ 2:00 pm By JD Alois  |  

The Association of Online Investment Platforms (AOIP) has sent a letter to Congress asking policymakers to move forward legislation that aims to support access to capital for smaller firms and entrepreneurs. The AOIP was created to advocate on behalf of online capital formation for private… Read More

February 6, 2023 @ 10:00 pm By JD Alois  |  

Doug Ellenoff, the managing partner of Ellenoff, Grossman, and Schole (EGS) – a Manhattan-based law firm, has been a supporter of innovation in financial services for many years now. A staunch proponent of the JOBS Act of 2012 before it became law, Ellenoff is a… Read More

January 2, 2023 @ 4:30 pm By JD Alois  |  

Goodbye 2022, and hello 2023. The past year was a tough one for many people – a terrible year for the economy with multi-decade high inflation and interest rates chasing it in an attempt to crush rising prices. All markets were impacted, including public markets,… Read More

October 5, 2022 @ 5:06 pm By JD Alois  |  

Last week, the Association of Online Investment Platforms (AOIP), a young group aiming to advocate on behalf of online capital formation including securities crowdfunding, visited Congressional staff as well as individuals at the Securities and Exchange Commission. The AOIP members discussed possible legislation and regulations… Read More

September 29, 2022 @ 10:45 am By JD Alois  |  

Investment crowdfunding under Reg CF (Regulation Crowdfunding) has emerged as a powerful legislative success, boosting economic growth and providing access to capital for early-stage firms in need of money. Created under the JOBS Act of 2012 – a bipartisan act of legislation, Reg CF has… Read More

July 17, 2022 @ 3:00 pm By JD Alois  |  

The Association of Online Investment Platforms (AOIP) has forwarded a letter to members of Congress in support of the JOBS Act 4.0 legislation. In the spring of 2022, Republicans on the Senate Banking Committee submitted draft legislation on the 10th Anniversary of the JOBS Act… Read More

November 11, 2020 @ 3:28 pm By JD Alois  |  

The Securities and Exchange Commission (SEC) Small Business Capital Formation Advisory Committee met this week to discuss the topic of “Finders.” A Finder is an individual who helps a small business find investors and may be paid a fee for this service. Under existing rules,… Read More

September 8, 2020 @ 11:10 pm By JD Alois  |  

In a public statement, the Association of Online Investment Platforms (AOIP) has asked the Securities and Exchange Commission (SEC) to move quickly and to improve the regulatory environment to support small businesses during the ongoing COVID-19 health crisis. Addressed to SEC Chairman Jay Clayton, and… Read More

July 23, 2020 @ 10:46 am By JD Alois  |  

NextSeed is a securities crowdfunding platform that launched as a bank replacement – SME lending service operating under Reg CF. Over time, NextSeed has evolved offering additional services as well as facilitating capital under all three crowdfunding exemptions – Reg D 506c, Reg A+ as… Read More

June 10, 2020 @ 5:23 pm By JD Alois  |  

In May, the Securities and Exchange Commission (SEC) Small Business Capital Formation Advisory Committee met to discuss pending decisions by the SEC regarding an update to the exempt offering ecosystem. The SEC Small Business Capital Formation Advisory Committee was established by the SEC Small Business… Read More

April 2, 2020 @ 2:14 pm By JD Alois  |  

Earlier this week the SEC Office of the Advocate for Small Business Capital Formation announced a series of  “virtual coffee breaks” to engage with the public to discuss updates, trends, and perspectives on how COVID-19 is impacting raising capital. The very first virtual gather is… Read More

March 25, 2020 @ 7:00 pm By JD Alois  |  

On March 4th the Securities and Exchange Commission (SEC) published a proposal to amend multiple securities exemptions. If enacted, the proposed amendments would be the largest changes to securities law since the passage of the JOBS Act, and will strengthen the small business and startup… Read More

March 6, 2020 @ 9:50 am By JD Alois  |  

This week the Securities and Exchange Commission released a proposal to amend multiple securities exemptions. The proposed amendments to the exemption ecosystem may dramatically impact online capital formation for the better. These changes could make it easier for firms to raise money online while helping… Read More

March 5, 2020 @ 11:13 am By JD Alois  |  

The Small Business & Entrepreneurship Council (SBE Council) has issued a statement on the “series of practical changes” announced by the Securities and Exchange Commission (SEC) yesterday. The SEC has proposed improving several securities exemptions that are utilized by online capital formation platforms. This includes… Read More

March 4, 2020 @ 4:56 pm By JD Alois  |  

The Securities and Exchange Commission (SEC) proposed meaningful changes to multiple securities exemptions today. The pending rule change came following a closed meeting of the Commission without a public agenda. The proposals may dramatically impact platforms that facilitate online securities offerings and benefit smaller companies… Read More