Tagged: david schweikert

July 18, 2018 @ 8:32 am By JD Alois  |  

The current definition of an accredited investor is a profound act of disenfranchisement. Policy makers decision to segregate investors based solely on how much money they have is a myopic, discriminatory act of rulemaking. The punitive definition of an accredited investor has been in place… Read More

November 3, 2017 @ 11:36 am By JD Alois  |  

In a strong sign of bipartisan support, the House of Representatives approved by voice vote HR 1585 or the Fair Investment Opportunities for Professional Experts Act. Sponsored by Representative David Schweikert from Arizona, HR 1585 may address the profound shortcomings in the current definition of… Read More

December 27, 2016 @ 5:01 am By Emma Peck  |  

2016 brought with it many positive developments for startups in terms of capital access and tax policy. Investment crowdfunding finally went live, a number of bills to facilitate capital formation passed the House, and the startup community galvanized around a tax bill that would make… Read More

February 18, 2016 @ 10:25 pm By Anthony Zeoli  |  

  There has been a lot of chatter and debate lately on how, or even if, the current definition of “accredited investor” should be substantively changed. To date, however, there has only been one affirmative action taken to actually change the definition which I am… Read More

December 21, 2015 @ 8:07 pm By JD Alois  |  

Originally introduced this past Spring, Representative David Schweikert saw the “Fair Investment Opportunities for Professional Experts Act” (HR 2187 — 114th Congress) take another step forward on December 9th.  The House Financial Services Committee saw it approved by a vote of 54 yeas to just… Read More

June 7, 2015 @ 3:53 pm By JD Alois  |  

The current definition of an accredited investor is something that has been in use for decades.  Basically the rule defines who may invest in certain private placement securities offers. In general you need to be earning over $200,000 a year ($300,000 if married) or alternatively have… Read More

April 24, 2014 @ 11:04 am By Samantha Hurst  |  

Weighing in on crowdfunding pros and cons, U.S. Representative David Schweikert warned a group of entrepreneurs that established companies and their lobbyists will fight to keep startup innovations from causing a stir in their markets During a visit to Phoenix-based incubator, Seed Spot, Mr. Schweikert stated,… Read More

November 3, 2013 @ 12:00 pm By JD Alois  |  

Representative David Schweikert,  a Republican from Arizona, has issued the following statement on the House floor today expressing disappointment with the U.S. Securities & Exchange Commission’s (SEC) proposed rules to implement the bi-partisan Crowdfunding provisions of the Jump Start Our Business Startups or JOBS Act which… Read More

April 30, 2013 @ 6:10 pm By JD Alois  |  

Congressman David Schweikert (R-AZ), Chairman of the Small Business Subcommittee on Investigations, Oversight, and Regulations, spoke at last week’s Angel Capital Association (ACA) Summit in San Francisco on key issues for the early stage investing community. The 2013 ACA Summit was the largest ever worldwide… Read More