Tagged: crowdcheck

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

VIDEO: Senator Mark Warner Speaks At CrowdCheck DC Conference

The Senator spoke about the potential of securities crowdfunding, which would allow startup companies to make equity offerings to investors through websites and raise up to $1 million per year from investors online. The JOBS Act, which was passed in April 2012, established a legal… Read More

Investment Crowdfunding Fraud: 8 Things You Need To Know From CrowdCheck’s DC Conference

Monday’s conference on crowdfunding fraud and regulation in Washington, DC was an event I had been looking forward to for some time. It didn’t disappoint. Organized by Virginia-based CrowdCheck, the speaking roster of this conference was distinctly and obviously set up to put all sides… Read More

Crowdfunding’s on Hold. So Is Crowdfunding Fraud

When President Obama signed the Jumpstart Our Business Startups Act in April 2012, supporters expected the change to unlock new capital for small businesses through crowdfunding. Regulators and consumer watchdogs predicted a bonanza for fraudsters. A year on, neither one’s materialized. As envisioned by the law, crowdfunding means… Read More

Crowdcheck Sponsors Gathering in DC on Risks of Securities Crowdfunding

Crowdfunding due diligence platform Crowdcheck has scheduled a gathering in Washington DC to discuss the possible risks to securities Crowdfunding. The event is featuring keynote speaker US Senator Mark Warner (D – Virginia). Entitled Fraud and Red Tape: Risks to the Potential of Securities Crowdfunding… Read More

99Funding Launches Equity Crowdfunding Platform

99Funding , a securities crowdfunding platform, has announced the launch of their equity crowdfunding site.  Currently only accredited investors will be allowed to invest through the 99Funding platform.  The site offers a secure, transparent and efficient market for investment crowdfunding.  Managing Directors Craig Goos and… Read More

CrowdCheck’s Brian Knight Rebuts Rattner On Crowdfunding

Recently Steve Rattner, founder of private equity firm Quadrangle Group, had some pointed criticism regarding investment crowdfunding. In a post on the New York Times, Rattner criticized the term “JOBS Act,” the loosening of restrictions on general solicitation, the definition of an emerging growth company… Read More

Solutions For Disclosure Overload

On Friday at the “SEC Speaks” conference, Securities and Exchange Commissioner Troy Paredes observed that the information companies disclose to investors leads to “disclosure overload” that hampers the ability of investors to gauge the importance of the data.  Commissioner Paredes went on to say “what we need… Read More

You Don’t Have To Be Evil To Commit Securities Fraud

Crowdfunding offers the ability for early-stage companies to seek investments from friends and neighbors in their social networks, fellow alumni, and others who have similar affinities.  These connections may help reduce fraud that comes in the form of outright theft from investors.  But selling securities… Read More

Crowdfunding Not Number One on SEC’s To Do List

Well, as we’ve already pointed out, it will not be legally or logistically possible for the SEC to have its crowdfunding regulations in place by December 31.  Some commentators have speculated that we might get the proposals December.  Or January.  All I can say with respect… Read More

CrowdFundCast: Recommendations from the SEC Small Business Forum

I recently got around to listening to Brian Knight’s excellent CrowdFundCast podcast that he produces periodically.  His latest podcast discusses the SEC Small Business Forum, which we’ve covered previously. Sarah is an accomplished attorney with vast experience with the securities and finance industry.  She spent… Read More

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