The American Fintech Council (AFC) has thrown its weight behind the Protecting Consumers from Unreasonable Credit Rates Act of 2023. The legislation, introduced by U.S. Senate Majority Whip Dick Durbin (D-IL) and co-sponsored by U.S. Senators Jeff Merkley (D-OR), Richard Blumenthal (D-CT), and Sheldon Whitehouse… Read More
Senator Sherrod Brown and Senator Jeffrey Merkley, both members of the Senate Banking Committee, sent a letter last week to several governmental agencies inquiring about Fintech and regulations. The letter was addressed to: Janet Yellen, Chair of the Federal Reserve, Martin Gruenberg, Chair of the… Read More
In a letter addressed to the General Accounting Office (GAO), signed by Democratic Senators Jeff Merkley, Sherrod Brown, and Jeanne Shaheen, a request was made to research and make recommendations regarding Fintech and Peer to Peer / Marketplace Lending. The letter, dated April 18, 2016,… Read More
U.S. Senators Michael Bennet (D-CO) and Jeff Merkley (D-OR) called on the Securities and Exchange Commission (SEC) to finalize its crowdfunding rules that will allow small businesses and start-ups to raise capital online and through social media. The senators were lead sponsors along with former Republican… Read More
In the ongoing debate about various aspects of the JOBS Act that legalizes equity crowdfunding, nine US Senators have submitted a comment letter to the SEC opposing the move to preempt state “Blue Sky” review. The pre-emption of state review under Title IV of the… Read More
Sure the deadline has passed for comment letters regarding Title III of the JOBS Act or Regulation CF as some now call it. But as will happen – they continue to trickle in while the staff at the SEC ruminate on how final rules should… Read More
Washington, D.C. – December 11, 2012 – Senators Jeff Merkley (D-OR) and Michael Bennet (D-CO) urged Chairman Mary Schapiro of the Securities Exchange Commission to request that rules governing crowdfunding activities be issued quickly. Merkley and Bennet were lead sponsors on the CROWDFUND Act, which was… Read More
Crowdfund Insider is the leading news website covering the emerging global industry of disruptive finance including investment crowdfunding, Blockchain, online lending, and other forms of Fintech.
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