Tagged: fix crowdfunding act

Half a Crowdfunding Fix: HR 4855 Passes House Financial Services Committee with Several Changes

HR 4855, or the Fix Crowdfunding Act, was approved by the House Financial Services Committee on a solidly bipartisan vote of 57-2.  The bill, sponsored by Congressman Patrick McHenry, was created in response to multiple shortcomings intrinsic to existing Title III or Reg CF investment… Read More

Testing the Waters is ALL About Transparency

Testing the Waters, or TTW as it is called, is being successfully leveraged during Reg A+ crowdfunding campaigns. The concept is pretty simple.  For issuing companies that want to raise capital online, using TTW allows them to gauge investor interest.  Investors may register with a… Read More

House Financial Services Committee to Consider Fix Crowdfunding Act

The House Financial Services Committee will consider the Fix Crowdfunding Act (HR 4855) alongside several other bills during their meeting this week (Jun 15, 2016) beginning at 10AM.  The Committee meetings are live-streamed on the Committee’s website. The Fix Crowdfunding Act is widely viewed as… Read More

The Fix Crowdfunding Act Can Help Reverse America’s Wealth Gap

Embedded below is another comment letter regarding a bill circulating now on Capitol Hill called the Fix Crowdfunding Act (HR 4855). The proposed legislation, sponsored by Congressman Patrick McHenry, was crafted to fix some the most glaring omissions from Title III of the JOBS Act…. Read More

Dear Representatives Hensarling & Waters, Please Pass the Fix Crowdfunding Act

Wefunder, one of the active participants in the Reg CF crowdfunding space, has published a comment letter directed towards Representatives Jeb Hensarling and Maxine Waters in support of the Fix Crowdfunding Act (HR 4855).  The two are powerful legislators in the House of Representatives. Hensarling… Read More

MEMO TO CONGRESS: Title III Crowdfunding Needs a Fixin’ – NOW!

  It’s been more than four (very long) years since the Jumpstart Our Business Startups Act (the JOBS Act) made its debut, with much fanfare, in the White House Rose Garden. And on May 16, 2016, the official date of the emancipation of investment crowdfunding… Read More

Title III Crowdfunding Became Legal on May 16: What It Does & What’s Still Lacking

  Monday, May 16, 2016 is the first day that ordinary people—not just the super rich—will be able to invest in the next Uber or Snapchat. That’s because Title III of the JOBS Act, otherwise known as Regulation Crowdfunding or Reg CF, legalizes retail investment… Read More

Propel(x) Says Title III Retail Crowdfunding is Not for Them

Propel(x), an online investment crowdfunding marketplace for accredited investors, has decided to pass on Title III retail crowdfunding.  The decision to do so lines up with the other Title II platforms that have already said “no thanks.” In an email to Crowdfund Insider, Propel(x) CEO… Read More

Huge: AngelList Offshoot Republic Moves into Title III Crowdfunding

AngelList, the first equity crowdfunding platform in the US that allowed accredited investors the chance to gain access into early stage companies, is embracing Title III /Reg CF crowdfunding. AngelList is launching a new off-shoot cmopany labeled Republic to allow non-accredited investors the opportunity to… Read More

OneVest Co-Founder Criticizes Title III Equity Crowdfunding in Open Letter

OneVest co-founder and Executive Chairman Alejandro Cremades has published an open letter criticizing the structure and requirements of Regulation CF under Title III of the JOBS Act.  Cremades notes that while the Act appeared promising back in 2012 when the final rules were announced his… Read More

The Fix Crowdfunding Act is Mostly About Investor Protection

  Last week the House Subcommittee on Capital Markets, part of the powerful House Financial Services Committee, debated several important bills that may boost access to capital for SMEs.  One of the bills, the Fix Crowdfunding Act (HR 4855), has the profound potential to turn… Read More

Jobs Act in 2016: House Subcommittee on Capital Markets Discusses Proposals to Aid SMEs

  The Subcommittee on Capital Markets and Government Sponsored Enterprises, part of the House Financial Services Committee, reviewed several proposed acts of legislation crafted to help smaller business and grow the economy today (April 14).  Chaired by Congressman Scott Garrett, the hearing was labeled “The… Read More

Busted for Crowdfunding? It’s Rehab Time on Capitol Hill This Week!

  In my last article on Crowdfund Insider, entitled: “JOBS Act Crowdfunding Begins on May 16, 2016: Don’t Get Busted for Solicitation!,” I warned of one of the hidden dangers for companies embarking on a Title III equity crowdfunding campaign – which goes live on… Read More

Title III Crowdfunding Fix: House Financial Services Committee Schedules Hearing to Build on JOBS Act Success

The House Financial Services Committee, chaired by Representative Hensarling, has scheduled a hearing for Thursday, April 14, at 10AM, for a Capital Markets and Government Sponsored Enterprises Subcommittee gathering to examine four different legislative proposals designed to improve and promote capital formation.  The Committee has… Read More

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