Tagged: jobs act

March 25, 2015 @ 2:00 pm By JD Alois  |  

Below is the “draft” of final rules of Title IV of the JOBS Act. Also known as Regulation A+ the below document will become final following a 60 day period after publication in the Federal Register. The 453 page document will be reviewed by the… Read More

March 25, 2015 @ 1:20 pm By Kiran Lingam  |  

In a stunning development earlier today, the SEC released final Regulation A+ rules under Title IV of the JOBS Act that pre-empts state law for larger Regulation A offerings up to $50M and provides for state coordinated review for offerings up to $20M.  Growth companies… Read More

March 25, 2015 @ 9:51 am By JD Alois  |  

Later this morning the Securities and Exchange Commission will be releasing final rules for Title IV of the JOBS Act otherwise known as Regulation A+. While the details are not yet know, the expectations are for proposed rules to allow raised of up to $50… Read More

March 20, 2015 @ 6:36 pm By JD Alois  |  

The Securities and Exchange Commission has announced an open meeting to be held on Wednesday, March 25th, to consider whether to adopt rules and forms related to the offer and sale of securities pursuant to Section 3(b) of the Securities Act of 1933 to implement… Read More

March 19, 2015 @ 9:22 am By Midori Yoshimura  |  

Shortly into 2015, Kelly Rodriques, president and CEO of PENSCO Trust Company, a leading alternative asset custodian, shared his top five predictions for the year underway. Crowdfund Insider caught up with him for a more detailed Q-and-A about his predictions—from the $1 million investment cap… Read More

March 16, 2015 @ 5:55 pm By JD Alois  |  

Crowdfund Insider Senior Contributor, Sam Guzik, joined David Weild, former Vice Chair of Nasdaq, in a presentation last week on current issues regarding capital formation for SME’s. The discussion reviewed Title IV of the JOBS  Act (Regulation A+), the need for venture exchanges for secondary transactions… Read More

March 11, 2015 @ 7:00 am By Samuel Guzik  |  

To borrow a line from SEC Commissioner Daniel M. Gallagher, quoting from the fight song of his alma mata, Georgetown University:  Oh How Long It’s Been! As we approach the three year anniversary of the signing into law of the JOBS Act of 2012 it… Read More

March 10, 2015 @ 3:00 pm By JD Alois  |  

OTC Markets has issues a comment on the Senate hearing that took place today to discuss the creation of Venture Exchanges. OTC Markets has positioned its platform to provide these services to smaller companies and new types of securities as legalized by the JOBS Act…. Read More

March 10, 2015 @ 2:48 pm By JD Alois  |  

In a broad ranging discussion on Capitol Hill today, the Senate Banking, Housing and Urban Affairs subcommittee addressed the issue of Venture Exchanges. Recently there has been a growing amount of discourse on the Hill, and within the offices of the SEC, regarding the propriety and… Read More

March 7, 2015 @ 4:56 pm By JD Alois  |  

During the gathering of the SEC Advisory Committee on Small and Emerging Companies (ACSEC) considerable time was spent discussing secondary markets and venture exchanges.  This is an area that has captured the attention of SEC Chair Mary Jo White.  Having the SEC Chair as a… Read More

March 4, 2015 @ 4:13 pm By JD Alois  |  

David Weild, former Vice Chair of Nasdaq and current CEO of IssuWorks, delivered a presentation to the SEC Advisory Committee on Small and Emerging Companies that addressed the issue of venture exchanges.  The need for a venture exchange has recently percolated up in discussion as… Read More

March 4, 2015 @ 12:13 pm By JD Alois  |  

The SEC Advisory Committee on Small and Emerging Companies tackled the highly contentious issue of state Blue Sky Review preemption today regarding Title IV of the JOBS Act. Commonly called Reg A+, the SEC has recommended pre-empting state review as it is widely understood to have… Read More

March 3, 2015 @ 1:10 pm By JD Alois  |  

SeedInvest, a widely respected investment crowdfunding platform that operates under Title II accredited crowdfunding (for now), has just submitted a comment letter to the Securities Exchange Commission pleading with the agency to “keep Title III crowdfunding simple”. The JOBS Act was signed into law almost… Read More

February 28, 2015 @ 11:19 am By JD Alois  |  

The North American Securities Administrators Association (NASAA) continues to lobby the SEC aggressively in their attempt to obstruct removal of Blue Sky Review under Title IV of the JOBS Act.  NASAA is a special interest group that represents state securities regulators and advocates on behalf… Read More

February 27, 2015 @ 3:35 pm By JD Alois  |  

The SEC has shared the agenda for the next meeting of the Advisory Committee on Small & Emerging Companies.  This committee was recently re-animated by SEC Chair Mary Jo White.  The Committee provides insight and advice to the SEC on privately held small businesses and publicly… Read More

February 24, 2015 @ 3:12 pm By Samantha Hurst  |  

Houston-based Crudefunders recently debuted its crowdfunding platform that offers Texans a chance to own some of the state’s oil wells. It has become the first out of two funding portals to be approved by the Texas State Securities Board. According to Dallas Business Journal, Crudefunders Portal… Read More

February 24, 2015 @ 11:27 am By Samuel Guzik  |  

Is the JOBS Act Title II ecosystem being built around the art of the “con” by some Internet funding platforms and companies raising money on these platforms?  The answer seems to be yes, judging by investment advice provided by Morningstar, FINRA, psychologists, and business world… Read More

February 20, 2015 @ 3:12 pm By JD Alois  |  

While SEC Chair presented a state of SEC type presentation, Commissioner Aguilar has jumped in and put some more meat on the bones.  Speaking at the annual Practicing Law Institute gathering, Aguilar set forth his perceived goals for the SEC for 2015. While touching base… Read More

February 20, 2015 @ 11:33 am By JD Alois  |  

SEC Chair Mary Jo White addressed the Practicing Law Institute in DC this morning and it appears that most of the big shots at the SEC are sharing their wisdom as well today. Following opening remarks by Andrew Ceresny, the Director of SEC Enforcement and Keith… Read More

February 9, 2015 @ 4:30 pm By Samantha Hurst  |  

Ready to share his thoughts about the new year, CEO of PENSCO, Kelly Rodriquez revealed his top five predictions for 2015. During a recent post on the platform’s blog, Rodriquez stated, “As the CEO of PENSCO, I find myself at a fascinating intersection between IRAs, alternative… Read More