Tagged: crowdcheck

Sara Hanks Comments on SEC Concept Release, Defends Reg A+, Advocates on Behalf of Companies in Need of Growth Capital

Last week, a meeting of the Securities and Exchange Commission (SEC) Investor Advisory Committee (IAC) held a meeting. On the agenda was the topic of the SEC’s concept release on regulatory harmonization. The concept release was initiated in recognition of the current ecosystem of private… Read More

US Government Shutdown Slams the Breaks on Reg A+ Issuers. Is there an Alternative to Fix the Logjam?

There has been a good amount of discussion about the impact of the government shutdown and the effect on government employees who are not being paid.  The shutdown is also undermining sectors of the economy that depend on furloughed public employees. One sector of finance that has… Read More

Blockchain, Security Tokens and SEC Regulation A+: A Deeper Dive Into the Regulatory Jungle

As the expression goes:  “Look before you leap.”  But if you are an innovator, determined to blaze a trail never before navigated – there is not much to look at. Being a pioneer can be a lonely and dangerous adventure.  Nothing could be more true… Read More

KoreConX Announces New Partnership With CrowdCheck

KoreConX announced on Monday it has formed a partnership with CrowdCheck Law LLP, a law firm that is seeking to help companies navigate through the JOBS Act regulations. According to KoreConX, CrowdCheck Law, LLP is an affiliated law firm of CrowdCheck, Inc., a market leader in compliance… Read More

First Regulated Initial Coin Offering Conference ICO 2.0 Summit Dives Deep into ICO Legal, Regulatory & Economic Implications

On Friday, November 10, 2017, StartEngine, a Regulation Crowdfunding platform based in Los Angeles, California organized ICO 2.0 Summit, the first regulated ICO conference – or at least the first that I’ve seen. While there seem to be an explosion of ICO and Blockchain-related conferences… Read More

We Need a Regulatory Framework for Cross-Border Crowdfunding Offerings

  Sara Hanks is well known in the alternative finance/crowdfunding space. Hanks is CEO and founder of CrowdCheck –  a due diligence, disclosure and compliance services for online capital formation. She is a Board member of CFIRA and is the current Chair of the SEC’s… Read More

Crowdfunding Platform uFundingPortal Goes Dark. Site Pulled from FINRA Approved List

uFundingPortal, a Regulation CF crowdfunding platform that was, until recently, a regulated and FINRA approved platform has been shut down. Today, the site is gone and has been removed from the list of FINRA approved platforms indicative of some sort of transgression regulators could not tolerate…. Read More

What You Can & Cannot Do to Promote a Reg CF / Title III Crowdfunding Offer

Title II and Title IV of the JOBS Act created two different forms of investment crowdfunding. Title II allows issuers to “generally solicit” or advertise securities  sold under this exemption. The catch is that only  accredited investors may purchase these securities.  Title IV of the… Read More

Week One: How are Title III Crowdfunding Platforms Doing?

Title III platforms launched last week on May 16th. Multiple platforms had received approval from FINRA/SEC and a good number of issuing companies queued up to offer equity or debt in their companies. While opinions in the media were mixed as to whether the Reg… Read More

Sara Hanks: Manageable Chaos on May 16th with Title III Crowdfunding

Sara Hanks is one of the most recognizable and vocal leaders in the investment crowdfunding sector. A securities attorney by training, Hanks has spent many years in and around Capitol Hill working on important policy issues.  Hanks is also a longstanding board member of the… Read More

SEC IAC Presentation on Crowdfunding Highlights Investor Protection Concerns (Video)

The SEC Investor Advisory Committee met last week in Washington, DC. The periodic meeting was opened by Chair White who mentioned Title III retail crowdfunding specifically; “Regulation Crowdfunding becomes effective in May and funding portals can begin to register with the Commission later this month. … Read More

SEC Investor Advisory Committee to Host Presentation on Crowdfunding Today

The Investor Advisory Committee is scheduled to convene today at the SEC headquarters in Washington, DC.  The agenda in the afternoon (on the schedule for 2PM) includes an update on crowdfunding rules. The presentation on investment crowdfunding includes the participation of two well known industry… Read More

Save the Date: SEC Investor Advisory Committee Meets on January 21st

Unless winter happens to show up in our nation’s capital, the SEC’s Investor Advisory Committee is scheduled to meet at the Commission’s headquarters on January 21st. These meetings are open to the public but the SEC typically live-streams the proceedings so anyone may watch the… Read More

Three Policy Issues that will Hold Regulation Crowdfunding Back

On May 16, 2016, the Securities and Exchange Commission’s rules implementing Title III of the JOBS Act will come into effect, allowing companies to raise funds under Section 4(a)(6) of the Securities Act. The SEC made some important improvements over the proposed rules that will… Read More

KoreConX Announces New Partnerships & Expands Equity Crowdfunding Services

KoreConX, the recently launched a free all-in-one solution that is disrupting the market by helping companies navigate the equity crowdfunding process and reduce risk, announced on Thursday new partners that add additional value and resources for their users. These additions greatly expand the scope and usefulness… Read More

FundPaaS Unveils Equity/Debt Crowdfunding Product For Funding Portals & Broker Dealers Using Title III “Wisdom”

Alongside yesterday’s SEC’s 3 to 1 vote to approve equity crowdfunding under Title III of the JOBS Act, FundPaaS has unveiled a new product called Wisdom, an application that is said to power any crowdfunding portal or broker dealer seeking to raise capital for issuers online. According… Read More

Is the State of Washington Trying to Blow-Up Regulation A+?

The finalization of rules regarding Title IV of the JOBS Act was a watershed moment in the history of securities law and a leap forward for investment crowdfunding.  Title IV, now commonly referred to as Regulation A+, not only allows issuers to raise capital in… Read More

SEC Advisory Committee on Small & Emerging Companies Schedules Next Public Meeting

SEC Chair Mary Jo White re-animated a previously moribund Advisory Committee on SMEs late last year.  These “small” companies are private companies, as well as those publicly traded, with market capitalizations of under $250 million. This initiative was undertaken in recognition of the importance of… Read More

The Definitive Guide: Intrastate Crowdfunding Exemptions

With the Securities and Exchange Commission (SEC) dragging its feet on enacting Regulation CF pursuant to Title III of the JOBS Act, many states are taking action and passing their own intrastate crowdfunding exemptions. While these only pertain to businesses and investors within a particular… Read More

Gust Files Patent on Crowdfunding

Gust, a global platform for the “sourcing and management of early stage investments – boasting 45,000 investors with relationships to over 200,000 startups, has filed a patent application on crowdfunding. To be specific Gust (previously known as Angelsoft) filed for: “System and Method for Crowdfunded Investment… Read More

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