Tagged: jobs act

February 4, 2013 @ 5:14 pm By BusinessWeek  |  

Nearly two years ago, I championed the idea of making it legal for entrepreneurs to raise money by selling equity stakes in their companies online. This kind of crowdfunding came much closer to becoming a reality when President Obama signed the Jumpstart Our Business Startups (JOBS) Act into law… Read More

February 1, 2013 @ 6:43 pm By Charles Luzar  |  

The second recommendation is of note… THE COMMITTEE RECOMMENDS THAT: The U.S. Securities and Exchange Commission should facilitate and encourage the creation of a separate U.S. equity market or markets for small and emerging companies, in which investor participation would be limited to sophisticated investors,… Read More

January 31, 2013 @ 7:08 pm By ArcticStartUp  |  

Right now we’re reading about how the J.O.B.S. act is going to change crowdfunding in the United States, but I think it’s worth pointing out we actually have a head start on equity crowdfunding in Northern Europe. The countries in the ArcticStartup region have their… Read More

January 31, 2013 @ 2:13 pm By Charles Luzar  |  

Earlier this week FINRA invited prospective Crowdfunding portals to voluntarily file an interim funding portal form. The Crowdfund Intermediary Regulatory Advocates (CFIRA) and sister organization the Crowdfunding Professional Association(CfPA) have conducted a thorough review of the FINRA Registration Process Inquiry form for Crowdfunding Portals, and are optimistic about the progress that is being… Read More

January 27, 2013 @ 8:00 am By DelawareOnline  |  

In April, President Barack Obama signed the bipartisan Jumpstart Our Business  Startups Act into law. The entrepreneurial community cheered, saying the law would help small businesses raise money during their most vulnerable periods, when companies try to move from early to late stage. “The thing that kills… Read More

January 25, 2013 @ 8:28 am By Practical ECommerce  |  

When President Obama signed the Jumpstart Our Business Startups Act in April 2012, the clock started ticking on a 270-day period for the Securities and Exchange Commission to write the regulations that would govern crowdfunding. That 270 period is over and no regulations exist. SEC… Read More

January 24, 2013 @ 11:09 pm By Charles Luzar  |  

  MARY JO WHITE TO LEAD SEC: CROWDFUNDING IMPLICATIONS? (Crowdsourcing.org) “When it comes to prosecuting white collar criminals, she’s got an outstanding track record,” Douglas Ellenoff, of Ellenoff Grossman and Schole LLP, told Crowdsourcing.org. “She’s really an interesting and credible pick for the president, as… Read More

January 24, 2013 @ 2:54 pm By CBS News  |  

…But being a prosecutor is one thing, and being a top regulator is another. In the near term, the Commission faces many huge decisions. The Dodd-Frank financial reforms, designed in part to limit the risks big banks can take, and the so-called JOBS act, intended… Read More

January 23, 2013 @ 8:30 am By JD Alois  |  

Recently a superlative document was published by the Milken Institute which reflected upon the current state of crowdfunding domestically within the United States but also drawing on parallels abroad.  This missive was authored  by Messrs.  Chris Brummer, a law professor at Georgetown University and Daniel Gorfine,… Read More

January 23, 2013 @ 4:13 am By JD Alois  |  

Coming from the pages of Mondaq: SEC Approves FINRA Rule Change to Adopt Interim Form for Funding Portals under the Crowdfunding Provisions of the JOBS Act FINRA filed with the SEC a proposed rule change to adopt the Interim Form for Funding Portals (“IFFP”). The… Read More

January 22, 2013 @ 7:04 pm By CBSNews  |  

Part of the Jumpstart Our Business Startups, or JOBS, Act of 2012 made it possible for the little guy to get a chance to put money into a startup. That’s the charitable interpretation, anyway: Many critics of the legislation worried that it may allow some… Read More

January 22, 2013 @ 8:05 am By Bloomberg  |  

New U.S. securities laws intended to help startup companies raise money are poised to benefit real estate investors as well, allowing individuals to buy stakes in offices and other commercial buildings once off limits to them. The Jumpstart Our Business Startups Act will ease restrictions… Read More

January 21, 2013 @ 4:09 pm By MyCentralJersey  |  

In April, President Barack Obama signed the bipartisan Jumpstart Our Business Startups Act into law. The entrepreneurial community cheered, saying the law would help small businesses raise money during their most vulnerable periods, when companies try to move from early to late stage. “The thing… Read More

January 21, 2013 @ 7:41 am By USAToday  |  

In April, President Barack Obama signed the bipartisan Jumpstart Our Business Startups Act into law. The entrepreneurial community cheered, saying the law would help small businesses raise money during their most vulnerable periods, when companies try to move from early to late stage. “The thing… Read More

January 19, 2013 @ 8:42 am By TechnicallyPhilly  |  

One Philadelphia Attorney’s perspective: New Year’s Eve of 2012 came and went this year as it does every year. Some partied. Some slept. But for those of us who are paying attention to the world of equity crowdfunding, Dec. 31, 2012 was supposed to be a day… Read More

January 19, 2013 @ 4:08 am By WSJ.com  |  

After rising in 2011, U.S. venture capital investment fell 15% last year as firms put less money into consumer Internet, renewable energy and health-care companies. Software saw an upswing. Overall, investors deployed $29.7 billion into 3,363 financings for U.S.-based venture-backed companies, according to Dow Jones… Read More

January 17, 2013 @ 8:18 pm By WSJ.com  |  

Regulators are scrutinizing about 200 websites set up by entrepreneurs to profit from a more lenient law on the sale of shares in small companies. State securities officials identified the websites after a sweep of thousands of Internet addresses for possible threats to investors following… Read More

January 17, 2013 @ 9:20 am By Alison Grant, The Plain Dealer  |  

Formal complaints of securities violations in Ohio have fallen sharply in the past five years, but the state’s top securities watchdog says that trend could reverse with the rise of more Internet-based investing. Under a new securities law signed by President Obama last April, companies are… Read More

January 15, 2013 @ 10:23 pm By JD Alois  |  

EarlyShares, a leading equity Crowdfunding investment platform that will enable thousands of investors to invest in small businesses, has formally announced the hiring of Leverage PR  to serve as its national agency of record. Leverage PR has helped EarlyShares gain widespread recognition for launching its… Read More

January 15, 2013 @ 7:02 pm By Forbes  |  

In April 2012, President Obama signed the JOBS (Jumpstart Our Business Startups) Act, aiming to revitalize opportunities for entrepreneurs, startups, and small businesses; e.g. America’s main job creators. Briefly, main benefits of the JOBS Act as it is now are as follows. The JOBS Act… Read More