Tagged: jobs act

North Capital Investment Technology Closes $1 Million Seed Funding Round

North Capital Investment Technology has closed its seed funding round of $1 million, attracting support from major institutional investors including JFO, Karlani Capital and Green Visor Capital.  The funding enables the San Francisco-based private placement technology company to continue technology innovation, roll out proprietary funding platforms… Read More

Groundfloor Shocker as it Backs NASAA Process on State Blue Sky Review

  Groundfloor, a real estate investment crowdfunding platform based in Atlanta that offers “micro-loans”, posted a comment letter on the SEC site in mid November sharing their opinion on the hot topic of State Blue Sky Pre-emption:  something viewed by many as a compelling aspect… Read More

SEC List Pushes Date Back for JOBS Act Rules on OMB Site

The Securities and Exchange Commission agency rule list for the Fall of 2014 has recently been updated on the Office of Information and Regulatory Affairs web site.  The OIRA is part of the Office of Management and Budget. Remaining rules of the JOBS Act have… Read More

Rumors Swirl That JOBS Act Rules Hit Next Week

Chatter is starting to pick up regarding release of final rules for Title IV of the JOBS Act – a portion of the legislation that is regularly referred to as Regulation A+. Some industry followers are of the opinion that final rules are to be… Read More

On the Misplaced Priorities of Dodd-Frank & the SEC: A Call for a “New Deal” in Washington for America’s Small Business

It could have been the kickoff of a grand political campaign – a slogan that would be proud to adorn a bumper sticker for the most ambitious of politicians – and a sound byte that would be sure to grab the next day’s headlines in… Read More

Fundrise Shares Presentation on Commercial Real Estate Crowdfunding

Real estate crowdfunding platform, Fundrise, has teamed up with GlobeSt.com to release a document that highlights the ins and outs of commercial real estate crowdfunding. The presentation, which is titled, Why the Future of Real Estate Fundraising is Online: How Crowdfunding is Changing Capital Sourcing, gives readers a… Read More

OfferBoard CEO and CFIRA Chair Chris Tyrrell Presents at DC Growth Summit Update

OfferBoard CEO and CFIFA Chair Chris Tyrrell presented detailed research in his paper  “Equity Crowdfunding Under Title II of the JOBS ACT: The First Year” at the Washington, D.C. Growth Summit Update.  Tyrrell founded OfferBoard, an investment platform that uses technology, big data and dating-style matching… Read More

Prodigy Network Launches New Transactional Real Estate Crowdfunding Platform

Prodigy Network has announced the launch of its new real estate crowdfunding website, which will feature a secure transactional platform to permit accredited investors – certain investors who have regular income of over $200,000 or net worth, excluding their primary residence, of over $1 million… Read More

Interview with EarlyShares Joanna Schwartz: Finance Maven Examines Entrepreneurship, Webinars & Media

Joanna L. Schwartz, the CEO and Co-Founder of EarlyShares, enables individuals and companies to leverage the JOBS Act to capitalize on new investing and capital raising opportunities. An award-winning executive, Schwartz has over 20 years of experience as a successful leader, advisor, and entrepreneur. Prior to… Read More

House Financial Services Committee Chair Hensarling: SEC Must Take Action on Promoting Small Business

On the eve of the annual SEC Forum on Small Business Capital Formation, House Financial Services Committee Chair Jeb Hensarling is calling out the SEC to take action on promoting small business.  In recent years the annual event at the SEC has become a more… Read More

Perspective: Title III, Title IV and the Politics of Regulation

  In my May 2014 article, “The Bell Tolls for Title III”, I laid out the reasons why it was highly unlikely that the SEC would issue Title III rules before the November elections and predicted that should the Senate flip to Republican control, we… Read More

SEC & SBA Host Reception Prior to Small Business Forum in DC Next Week

The SEC Government Business Forum on Small Business Capital Formation has gained in popularity in recent years.  In light of the JOBS Act and growing recognition of the profound importance of small business to economic growth – what was once a bit of a quiet affair… Read More

The Big Boys Say Crowdfunding is a Drop in the Ocean: And They’re Right

Crowdfunding ­is ‘hot & happening’. So ‘hot & happening’ in fact, that a lot of valid criticism, however badly formulated at times, is discarded. One of the points made that is taken as an outright insult, is the mention that “Crowdfunding is just a drop… Read More

Minnesota Can’t Wait on Feds for Crowdfunding Regulations as Group Forms to Push Intrastate Rules

Minnesota has joined the growing list of states that may want legalized investment crowdfunding now -and not just for accredited investors.  Recognizing that Title III is encumbered with excessive costs and a too low cap on amounts an issuer may raise,  a group called “MNvest”… Read More

A Funny Thing Happened on the Way to the (2014 SEC Government Small Business) Forum

As one who has represented small and emerging growth companies over the past 36 years in navigating access to the capital markets, I have closely followed the legislative and regulatory developments in Washington, D.C. since the enactment of the Jumpstart Our Business Startups Act of… Read More

Illinois Intrastate Crowdfunding Exemption: The Reasoning Behind The Bill

As noted in my prior post, “Draft Bill: Illinois Intrastate Crowdfunding Exemption,” an official draft of my proposed Illinois Intrastate Crowdfunding Exemption was recently finished. To my surprise, people actually read it and I have been getting a lot of questions as to why I… Read More

Small Business SEC Regulatory Reform in Washington, DC: “All in on Red” on Election Day 2014

The place was Washington, D.C. The occasion was the Annual Meeting of the Angel Capital Association at the Hilton Hotel in March 2014. Hundreds of attendees were gathered for lunch in the main Ballroom, the largest in the City. The lineup of luncheon speakers was… Read More

Callahan & Associates Announces Strategic Partnership with GrowthFountain Opening Crowdfunding Opportunities for Millions of Credit Union Members

Callahan & Associates, an innovative thought leader to credit union industry decision-makers, and GrowthFountain, a crowdfunding marketplace, have announced a strategic partnership to provide credit union members with both the ability to invest locally and raise capital as entrepreneurs. The JOBS Act, signed into law… Read More

CFIRA Co-Chair DJ Paul Appointed to SEC Advisory Committee on Small & Emerging Companies

DJ Paul, CFIRA Co-Chair and CSO of Propellr, has been appointed by SEC Chair Mary Jo White to become a member of the SEC Advisory Committee on Small & Emerging Companies for a term that begins immediately.  The SEC established this committee in 2011 as… Read More

CFIRA Advocates Announce Second Annual Regulatory Summit in Washington D.C.

The Crowdfund Intermediary Regulatory Advocates (CFIRA) will hold its Second Annual Regulatory and Advocacy Summit in Washington, D.C., on Friday, November 21 from 8:00 AM – 1:00 PM at the Hart Building on Capital Hill. Attendees will network with fellow crowdfunding advocates, members of Congress,… Read More

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