Tagged: legislation

Working To Change The Definition of Accredited Investor – A Tale of Two Schweikert Bills

  There has been a lot of chatter and debate lately on how, or even if, the current definition of “accredited investor” should be substantively changed. To date, however, there has only been one affirmative action taken to actually change the definition which I am… Read More

California Dreaming: Crowdfunding Bill on Deck Once Again

California, a state that has an economy larger than most sovereign nations, has attempted several times to pass an intrastate crowdfunding law.  Somehow the legislative gods have shown disfavor on providing online access to capital for SMEs in the Golden State. Perhaps the 3rd time… Read More

House of Representatives to SEC: Time to Lift Our Entrepreneurs Off the Floor!

For those of you who have followed my articles on Crowdfund Insider over the past two years, you know that I have not been shy about voicing my concerns over the foot dragging that too often has often characterized the attitude of the Securities and… Read More

US Congress: Small Business Advocate Bill May Become Law in 2016

A bill has been weaving its way through the Congressional process and it is one that is due in large part to Crowdfund Insider Senior Contributor Sam Guzik.  HR 3784 was introduced into the House Financial Services Committee in October of last year. It received… Read More

Israel Just Made Investment Crowdfunding Easier

Last Thursday the portion of the law that dictates the structure of selling shares to the public was amended to make it easier to raise capital. While Israel is one of the hottest startup markets in the world, apparently the securities regulations have been slow… Read More

This One Graph Explains Why the Definition of an Accredited Investor Must Be Changed Now

There is currently a bill weaving its way through Congress that will go a long way in addressing the regulatory negligence known as the definition of an accredited investor.  The SEC staff has proposed new rules, which the Commission may consider, that have the potential to… Read More

Schweikert Bill May Fix Definition of an Accredited Investor

Originally introduced this past Spring, Representative David Schweikert saw the “Fair Investment Opportunities for Professional Experts Act” (HR 2187 — 114th Congress) take another step forward on December 9th.  The House Financial Services Committee saw it approved by a vote of 54 yeas to just… Read More

Three Policy Issues that will Hold Regulation Crowdfunding Back

On May 16, 2016, the Securities and Exchange Commission’s rules implementing Title III of the JOBS Act will come into effect, allowing companies to raise funds under Section 4(a)(6) of the Securities Act. The SEC made some important improvements over the proposed rules that will… Read More

Will the Innovative Finance ISA Allow Only a Few P2P Lenders to Participate?

  The draft regulations surrounding the forthcoming Innovative Finance Individual Savings Account was published earlier this week by the UK government. The much-anticipated vehicle is expected to add fuel to the peer to peer lending industry as it will open up the asset class to… Read More

Small Business in Washington, DC: Could Santa be Coming to Town this Year?

  December 2, 2015, seemed no different than any other day in Washington, D.C. With a light rain falling, it was a rather dismal day for sightseeing in our Nation’s Capitol – yet the sun seemed to be shining for our small and emerging businesses… Read More

Omnibus Highway Bill “FAST Act” Slips in Changes to the JOBS Act of 2012

The so-called FAST Act or “Fixing America’s Surface Transportation Act” was shuffled off to be signed by President Obama after the Senate approved the massive bill.  It was a piece of legislation that saw the likes of Senators Ted Cruz, Rand Paul and Marco Rubio, join… Read More

First Milwaukee-Area Company, Philly’s Premium Beverages, Crowdfunding Under Wisconsin’s Equity Crowdfunding Law

Those near Milwaukee, Wisc., tonight will have something new to drink to: Philly’s Premium Beverages LLC, a Grafton firm that sells readymade mixed drinks in bottles and cans is the first Milwaukee-area company to seek money from investors under Wisconsin’s year-old equity “crowdfunding” law, according to Milwaukee’s Journal… Read More

China Promotes Greater Support Of Crowdfunding For Startups To Encourage Entrepreneurial Economy

China recently noted that it will promote greater use of equity crowdfunding for startups to encourage entrepreneurship, according to a Cabinet document posted on the central government’s website, writes the South China Morning Post. Repeatedly, the Chinese government has stated its interest in stimulating employment in the state-dominated… Read More

Colorado Governor John Hickenlooper Signs Equity Crowdfunding Act into Law

On Monday, Governor John Hickenlooper signed the Colorado Crowdfunding Act into law which will allow the state’s residents to be able to stock in local companies without becoming an accredited investor. Earlier this year, a drafted crowdfunding legislation for Colorado was presented that will facilitate crowdfunding by authorizing… Read More

North Carolina’s Secretary of State Elaine Marshall Requests Fee Increases to Regulate Crowdfunding

North Carolina’s Secretary of State, Elaine Marshall, is requesting state legislators’ approval for fee increases that would help support the results of passing crowdfunding legislation, according to the News & Observer. The increases would generate  $2.68 million in new revenue.   Marshall noted that her department… Read More

A Majority Agree: Virginia’s House of Delegates Passes Crowdfunding Exemption

Virginia’s House of Delegates on Monday passed Del. Scott Taylor’s crowdfunding bill, which creates an exemption from some of stipulations of the Securities Act for businesses in Virginia raising money from investors in the Commonwealth, reports the Augusta Free Press. Crowdfund Insider also featured the… Read More

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