Tagged: jobs act

December 9, 2013 @ 4:08 pm By JD Alois  |  

The highly influential American Bar Association (ABA) has posted a comment letter on the Securities and Exchange Commission site sharing their opinion on proposed changes to Regulation D, Form D and Rule 156.  The 52 page letter is signed by Catherine T. Dixon, Chair of… Read More

December 9, 2013 @ 11:18 am By JD Alois  |  

California based Securities Attorney Samuel S. Guzik has been scheduled to lead the Small Business Administration (SBA) Crowdfunding Roundtable scheduled for January 15, 2014.  The event is open to the public and will be held at the SBA offices in Washington, DC.  Guzik, a noted… Read More

December 9, 2013 @ 11:01 am By Kendall Almerico  |  

When I think of bad actors, I think of Keanu Reeves and William Shatner. When the Securities and Exchange Commission mentions bad actors, they are talking about people they want to prevent from using equity crowdfunding in order to protect investors from fraud. Before the… Read More

December 6, 2013 @ 5:08 pm By JD Alois  |  

The Business Law Section and the International Section of  the New York State Bar Association (NYSBA) is hosting a live program and webcast in New York City on December 11, 2013, to review crowdfunding.  The event is titled, “The SEC’s Crowdfunding Proposal – A Preliminary… Read More

December 6, 2013 @ 10:22 am By Charles Luzar  |  

EarlyShares is a crowdfunding platform based in Miami, Florida. The operation is poised to be one of the leaders in the nascent equity crowdfunding space in the United States, and in light of the implementation of Rule 506(c) that took place in September the platform… Read More

December 4, 2013 @ 11:19 am By Dan Gilmartin, Dr. Elisabeth Gerber & Chris Miller  |  

What would happen if we could invest in businesses in our own communities? What would happen if that entrepreneur you know could raise the capital needed to start a business from friends and neighbors and investors who are intimately familiar with the project? Michigan citizens… Read More

November 26, 2013 @ 11:00 am By Charles Stack  |  

Angel investing involves accredited investors (millionaires) investing directly in the private stock of early stage companies. Millionaires are rare—they make up 1.5% of the world and 4% of the US. As most entrepreneurs quickly learn, angels are very, very rare. Only 3% of all accredited… Read More

November 25, 2013 @ 5:07 pm By JD Alois  |  

The SEC hosted the Small Business Capital Formation Forum this past week on November 21, 2013.  This was the 32nd forum which has been held annually since 1982. The event provides small businesses, their advisors and their investors the opportunity to share their perspectives on… Read More

November 24, 2013 @ 3:00 pm By JD Alois  |  

Global law firm Seyfarth Shaw recently gave a presentation reviewing the Securities and Exchange Commission’s (SEC) proposed regulations regarding Title III of the JOBs Act – specifically “retail” or “popular” crowdfunding.  These proposed regulations are now accepting comments on the SEC web site. While these… Read More

November 24, 2013 @ 11:10 am By JD Alois  |  

The newest SEC Commissioner Kara M. Stein presented a speech to the American Bar Association (ABA) Business Law Section’s Federal Regulation Committee Fall meeting on November 22, 2013 in Washington, DC.  The presentation, while wide in scope, did touch on important regulatory issues such as… Read More

November 20, 2013 @ 2:22 pm By JD Alois  |  

Equity crowdfunding platform SeedInvest, which currently offers investments in startups for accredited investors, has put together an estimated cost spread sheet if Title III Crowdfunding regulations were applied today.  The results show a detrimental process for small companies attempting to raise capital.  In fact for… Read More

November 13, 2013 @ 3:53 pm By JD Alois  |  

The Small Business Forum is an annual event, open to the public, which is held at the Securities and Exchange Commission.  The SEC has announced this year’s official agenda and current list of panelists. The Government-Business Forum on Small Business Capital Formation will begin on… Read More

November 13, 2013 @ 11:16 am By Charles Luzar  |  

A recent question on Quora asked respondents what they “hate most about equity-based crowdfunding?” The incindiary question produced some really interesting responses, not the least of which was the most-upvoted response by Gil Silberman. Silberman is a San Francisco-based startup lawyer. His response is as… Read More

November 8, 2013 @ 7:11 am By Samuel Guzik  |  

On the Proposed SEC Regulations & Crowdfunding – A Postscript. Behind the unanimous vote that accompanied the SEC’s issuance of proposed crowdfunding regulations on October 23, 2013, I sensed that there was more afoot behind the congenial surface.  It seemed unlikely to this Commission observer… Read More

November 7, 2013 @ 7:46 pm By JD Alois  |  

In a speech given to the FIA Futures and Options Expo in Chicago, SEC Commissioner Daniel M. Gallagher made some interesting comments regarding a “the need for a fundamental, holistic review of equity market structure. And I’d like to focus on the specific issue of… Read More

November 6, 2013 @ 10:12 am By Charles Luzar  |  

Real estate is a huge driver of growth in the crowdfunding space, and it plays an important role in furthering crowdfunding’s exposure in the global narrative. Real estate investing can provide a nice balance of safety and return, and these investments are backed by tangible… Read More

November 4, 2013 @ 8:00 am By Samuel Guzik  |  

(Editors Note: The content below was corrected to reflect text included in the original article that was not clearly attributed to Dara Albright.) There was an air of euphoria in the crowdfunding community on October 23 when the U.S. Securities and Exchange Commission finally issued… Read More

November 3, 2013 @ 4:00 pm By JD Alois  |  

Corporate Attorney T. Hale Boggs, a partner at well respected law firm Manatt, founded their Palo Alto office in 1998.  He also helped establish the San Francisco office.  He has had the unique opportunity to work with a very diverse clientele in the Silicon Valley… Read More

November 3, 2013 @ 12:00 pm By JD Alois  |  

Representative David Schweikert,  a Republican from Arizona, has issued the following statement on the House floor today expressing disappointment with the U.S. Securities & Exchange Commission’s (SEC) proposed rules to implement the bi-partisan Crowdfunding provisions of the Jump Start Our Business Startups or JOBS Act which… Read More

November 1, 2013 @ 10:37 am By Charles Luzar  |  

VentureBeat | The JOBS Act leaves crowdfunding investors unprotected — the SEC is working with a flawed law According to the article, Jenny Kassan of Cutting Edge Capital filed the original petition to the SEC to create a crowdfunding exemption. In this article, she argues that… Read More