Tagged: crowdcheck

CFIRA To Host Webinar on Regulatory Requirements for Crowdfunding Portals

The Crowdfund Intermediary Regulatory Advocates (CFIRA) is set to host a free webinar this Wednesday, May 1, at 1PM EST regarding the legal and regulatory requirements for investment crowdfunding portals. The panel of speakers include representatives from: Wales Capital Crowdcheck Day Pittney LLP Agenda topics… Read More

CrowdCheck Releases Summary Of Intrastate Crowdfunding Exemptions

CrowdCheck has released the following comparative analysis of intrastate crowdfunding exemptions, providing a concise view of happenings in the various states that are currently considering crowdfunding exemptions. Michigan, North Carolina and Wisconsin are the only states to buck the $1 million annual cap on fundraising… Read More

CrowdCheck Rolls Out Bad Actor Report For Crowdfunding Issuers

For crowdfunding issuers, a bad actor in the ranks could be the difference between a successful campaign and a nightmare scenario. Of course, it can be difficult to determine whether or not an individual is a “bad actor” by the SEC’s standards. This is where… Read More

Canadian Law Firm BLG Cites Crowdfunding As Top Risk For 2014

Canadian law firm Borden Ladner Gervais LLP (BLG) released a risk assessment for 2014. Crowdfunding makes the list at #2 on their list of the top ten business issues with legal implications for the new year. Entrepreneurs, access to capital and the crowd: The Canadian economy… Read More

Miami-Based EarlyShares Goes Live With Equity & Rewards-Based Crowdfunding Deals

EarlyShares is a crowdfunding platform based in Miami, Florida. The operation is poised to be one of the leaders in the nascent equity crowdfunding space in the United States, and in light of the implementation of Rule 506(c) that took place in September the platform… Read More

SEC Small Business Forum: Takeaways From A Crowdfunding Perspective

The SEC Government-Business Forum on Small Business Capital Formation took place last week at the Securities and Exchange Commission Headquarters in Washington, DC. I will admit that I was very excited to attend this event. This was the first event we attended last year shortly… Read More

#Crowdfunding News Roundup: November 16, 2013

CrowdCheck Blog | Due Diligence: It doesn’t just protect investors Brian Knight of due diligence service provider CrowdCheck built upon a recent Crowdfund Insider article that explored the circumstances surrounding the Luci project on Kickstarter. Here he explains how due diligence can protect issuers and investors in crowdfunded… Read More

CrowdCheck Publishes 25-Page Summary Of Crowdfunding Proposed Rules

Crowdfunding due diligence service provider Crowdcheck has published a 25 page document addressing the SEC proposed regulations regarding Title III of the JOBS Act – otherwise known as crowdfunding. Crowdcheck describes the SEC approach as “Merrill Minus” as opposed to “Kickstarter Plus” and states that… Read More

NASAA’s 2013 Top Investor Threats Include Warning About Crowdfunding Platforms

Under the direction of Ohio Division of Securities Commissioner Andrea Seidt, the NASAA has recently released an updated list of their top investor threats for 2013. Among them: “unregulated third party service providers,” a category that would include crowdfunding portals. Seidt explained the reason for… Read More

SEC Vote Coming: Proposed General Solicitation Rules May Bring Big Changes

Yesterday general solicitation became legal for issuers opting to make use of the newly-minted Rule 506(c) of Regulation D. The option was added to Form D yesterday, which is available on the SEC’s web site. Some news outlets reported that Form D had to be filed… Read More

Equity Crowdfunding Webinar for Medtech Scheduled

Scheduled for September 12th, Ronald Trahan Associates Inc. (RTA) announced today that it will broadcast a complementary webinar—“Equity-Based Crowdfunding for Early-Stage Medtech Companies”—on Thursday, Sept. 12, from 11:00 a.m. to 12:00 p.m. EDT. “Crowdfunding is very likely to become a precious funding resource for many could-be-great medical technologies… Read More

Small Businesses Need A Seat At The SEC’s Table

With the recent confirmation of Mary Jo White as Chairman of the SEC and Kara Stein, and Michael Piwowar as SEC Commissioners, the leadership of the SEC is undergoing significant changes that will affect public policy for years to come. It has been argued that… Read More

Advertising Private Placements Still An Evolving Process

SEC Formally Allows General Solicitation, or Advertising, for Certain Equity Offerings But Process to Accommodate is Still a Moving Target In the wake of Title II hitting the federal register, those active in the world of private placement securities are busy digesting the net effect… Read More

CrowdCheck Releases Memo Outlining General Solicitation, Rule 506(c)

CrowdCheck recently released this extremely comprehensive PDF outlining the changes brought on by the adoption of Title II of the JOBS Act. Title II created a new rule under Regulation D allowing general solicitation advertising for certain private placement offerings. For more, check out our… Read More

Crowdfunding Leaders form CF50, Global Think Tank

Announces Founding Leadership of Organization.  Return on Change CEO Sang Lee to be Executive Director. Fifty leaders in the global crowdfunding industry are uniting to create a think tank for the advancement of a global crowdfunding ecosystem. CF50 is a nonprofit invite-only membership organization consisting… Read More

Breaking Down General Solicitation For Private Placements In The US

Mark your calendar. July 10th was a big day in the fight for increased access to capital in the United States, as well as the overarching timeline of the fledgeling crowdfunding industry. Title II of the JOBS Act mandated a lifting of the ban on… Read More

CrowdIt Partners with Emerging Crowdfunding Services

As the disruptive nature of crowdfunding drives the revolution in capital formation, new companies arise to leverage the new innovation and support industry leaders.  CrowdIt has partnered with several emergent crowdfunding services. CrowdIt  announced that it has teamed-up with several crowdfunding startups that will help… Read More

The perils of the pivot

Everyone in the startup world knows a good pivot story, right? The wedding planner site that became a peer-to-peer boat rental outfit, the “gay Groupon” that became a fabulously successful retailer. It’s not that unusual for a team to find that their original concept just isn’t going… Read More

In the SEC’s JOBS Act Lawsuit, a Message to Critics

The SEC announced a lawsuit on Thursday against a business in Spokane Valley, Wash., accused of defrauding 21 investors of about $400,000. The agency’s news release leads with charges that the company fooled investors “with claims to raise billions of investment capital under the Jumpstart… Read More

Another conference but still no crowdfunding rules

The New Year has come and gone and we are done with the first quarter of 2013, and yet we are still without SEC rules to implement crowdfunding as authorized by the JOBS Act.  While some commenters on the SEC JOBS Act comment section have… Read More

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