Tagged: john kennedy

Failed Bank Hearings on Capitol Hill Today, Tomorrow

Today the Senate Banking Committee is holding a hearing on the failure of several banks that helped to drive fear and concern within the entire banking system. The hearing includes the testimony of Gregory Becker, former CEO of Silicon Valley Bank; Scott A. Shay, former… Read More

US Senators Send Letter to Silvergate CEO Demanding Answers on FTX Collapse, Alameda Involvement

This past Mondy, Silvergate (NYSE:SI) CEO Alan Lane took the extraordinary measure of posting a public letter defending his bank’s handling of the accounts of now bankrupt FTX and affiliated hedge fund Alameda Research. Silvergate is a regulated bank that has been a leader in working… Read More

JOBS Act 4.0: Improving the Regulatory Environment for Entrepreneurial Capital Formation

Passed with large bipartisan majorities and signed into law by President Obama, the 2012 JOBS Act was a bipartisan achievement of consequence. The JOBS Act substantially improved the laws governing entrepreneurial capital formation and has had a measurable positive impact on entrepreneurial capital formation. But… Read More

Rearguard Action: Independent Community Bankers of America Supports Closure of Industrial Loan Charter “Loophole” to Eliminate “Shadow Banking”

The Independent Community Bankers of America (ICBA) has issued a statement of “strong support” regarding pending legislation targeting Industrial Loan Charters (ILC). An ILC is a regulated financial services charter that may be held by non-financial institutions. ILCs may hold FDIC insured deposits – a… Read More

Your Furry Pals’ Ultimate IoT System: Scollar Unleashes Campaign on SeedInvest

Scollar is offering securities under both Reg D and Reg CF on SeedInvest, seeking to raise $1M for its seed round. With the minimum investment set at $500, the modular smart collar for pets company has already exceeded $125K since launching its equity crowdfunding campaign on 13… Read More

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