Tagged: jobs act

JOBS Act @ 5: House Committee Updates on Investment Crowdfunding Progress & Other Regulatory Reforms

The House Financial Services Committee, Subcommittee on Capital Markets, met for the first time in 2017.  A new Chairman, Congressman Bill Huizenga, managed the proceedings for the first topic of the year regarding the “Impact of the JOBS Act After Five Years”. The Hearing involved the… Read More

Congressman Patrick McHenry on Financial Inclusion through Technology

On Monday, March 6, 2017, Congressman Patrick McHenry gave keynote remarks at the Lendit Conference in New York City. Among the themes of his speech, McHenry talked about the need for financial inclusion, citing a statistic that counties with less than 100,000 in population saw… Read More

Five Years Ago Today … Thousands Asked Congress to Enact the JOBS Act that Legalized Crowdfunding

  Today, exactly 5 years ago, thousands of US Citizens asked the Senate to push forward and pass the JOBS Act of 2012 into law.  The letter, embedded below was signed by a diverse group of stakeholders, including: 534 investors 18 incubators 2,726 Entrepreneurs and… Read More

Update: Financial Services Committee Hearing on JOBS Act Progress Moved to March 22nd

Originally scheduled to take place tomorrow (March 15, 2017), the Hearing entitled “The JOBS Act at Five: Examining Its Impact and Ensuring the Competitiveness of the U.S. Capital Markets”, hosted by the Subcommittee on Capital Markets, part of the House Committee on Financial Services, has been… Read More

House Financial Services Committee Hearing: The JOBS Act at Five – Witness List

Crowdfund Insider reported on the forthcoming House Financial Services Committee hearing on the JOBS Act last week and today the list of witnesses has been revealed. The hearing entitled, “The JOBS Act at Five: Examining Its Impact and Ensuring the Competitiveness of the U.S. Capital… Read More

House Committee Schedules Hearing on the JOBS Act of 2012

The subcommittee on Capital Markets, Securities, and Investments, part of the House Financial Services Committee, has scheduled a hearing to review the JOBS Act: the law the created the various iterations of investment crowdfunding. The hearing entitled, “The JOBS Act at Five: Examining Its Impact… Read More

SEC is Hosting a “Crowdfunding Dialogue” on February 28th

The Securities and Exchange Commission (SEC) has partnered with NYU’s Salomon Center for the Study of Financial Institutions to host a symposium on the effects of investment crowdfunding on February 28th. The Commission’s Division of Economics and Risk Analysis (DERA) is leading the dialogue and… Read More

SEC & NASAA Sign Agreement to Share Data on Intrastate Crowdfunding

The Securities and Exchange Commission (SEC) and the North American Securities Administrators Association (NASAA) have signed an information-sharing agreement regarding new rules to facilitate intrastate crowdfunding offerings and regional offerings take effect. NASAA is the lobbying group that represents state securities regulators. According to the… Read More

Crowdfunding Success: Fundrise Passes IPO Target in Just 24 Hours, Stands at $14.6 Million

Real estate investment platform Fundrise has shared an update on their initial public offer (IPO) using Regulation A+, an offer we first uncovered in January. As we reported last week, Fundrise filed an amended Form 1-A with the Securities and Exchange Commission under the name of… Read More

FundPaas is Next Crowdfunding Portal to Receive Regulatory Approval

FundPaaS, Inc. is the most recent crowdfunding portal to receive regulatory approval.  Operating under the name of CustVestor, the company is now approved to list debt and equity securities under Reg CF – one of 22 portals that are authorized to the new exemption created… Read More

The Securities & Exchange Commission and NYU Partner on Half Day Session on Investment Crowdfunding

The Division of Economic and Risk Analysis (DERA), the research arm of the Securities and Exchange Commission (SEC), has partnered with New York University’s Salomon Center on a half-day conference reviewing investment crowdfunding. The event, which is open to the public, will be held at… Read More

Where to List Your Shares? OTC Markets Says it Offers All the Benefits of NYSE MKT at Half the Cost

The advent of new securities exemptions has created opportunity for various sectors of finance. Beyond the fact that issuing companies now have new alternatives for raising capital, and a broader group of investors may gain access to early stage companies, there is a question of… Read More

Equity Crowdfunding is Here … And it’s Total BS

“The more cashless our society becomes, the more our moral compass slips.” ― Dan Ariely Happy New Era, my fellow entrepreneurs, and next generation financiers! In a world of dramatically accelerating technological, social and economic changes, it is clear we are heading into a time where… Read More

Wefunder Plans to Triple Crowdfunding Growth in 2017

Wefunder Leads Reg CF Crowdfunding Space in Both Successful Funding Rounds and Total Raised. Once Title III of the JOBS Act (Reg CF) became actionable, Wefunder jumped out of the gate and never looked back. In fact, Wefunder’s founders lobbied Congress to legalize investment crowdfunding…. Read More

Is Reg A+ a Game-Changer? Absolutely. But it Will Take Some Time

Regulation A, or Reg A+ as everyone now calls it, has been heralded as the future of small IPOs by some. The updated securities exemption was created by Title IV of the JOBS Act and came into effect during 2015. Allowing smaller companies to raise… Read More

Indiegogo Reports: Equity Crowdfunding Campaigns Raise More Than $575,000 In First Month

Just one month after launching its very own equity crowdfunding platform, Indiegogo announced the campaigns using the new funding outlet have successfully secured more than $575,0000 in equity funds. As previously reported, Indiegogo launched the new equity portal with MicroVentures, which allows anyone to invest in… Read More

Funding Wonder to Launch FINRA Registered Regulation Crowdfunding Platform

Funding Wonder Crowd, LLC, a small business lending platform operator, announced on Wednesday it was approved by FINRA (the Financial Industry Regulatory Authority) as a licensed Regulation Crowdfunding Portal. Sharing details about the new crowdfunding platform, Michael Mildenberger, CEO of Funding Wonder, stated: “Funding Wonder is… Read More

Indiegogo CEO David Mandelbrot Shares Insight into Equity Crowdfunding Push: “We Have a Lot of Exciting Things Planned for 2017”

Indiegogo entered into the investment crowdfunding sector with a big splash this month. Partnering with MicroVentures, a FINRA approved Reg CF portal and Broker-Dealer, Indiegogo launched with four diverse investment opportunities: BeatStars, Republic Restoratives, Play Impossible, and ArtCraft Entertainment. Three of these offers have hit… Read More

Mark Elenowitz of TriPoint Global: Reg A+ is the Future of IPOs

There has been a lot of buzz within the investment community regarding the updated exemption created under Title IV of the JOBS Act.  Regulation A+, or just Reg A+, was crafted by the SEC and Congress to allow issuers to raise up to $50 million… Read More