Tagged: legislation

April 22, 2016 @ 7:07 pm By JD Alois  |  

  Last week the House Subcommittee on Capital Markets, part of the powerful House Financial Services Committee, debated several important bills that may boost access to capital for SMEs.  One of the bills, the Fix Crowdfunding Act (HR 4855), has the profound potential to turn… Read More

April 19, 2016 @ 11:32 pm By JD Alois  |  

The Crowd-Sourced Funding bill, Australia’s push for a legislative update for investment crowdfunding regulations, has silently died in the Aussie Senate.  The legislation is listed as “lapsed at prorogation” on the Senate website.  The proposal had endured sector criticism with one industry participant calling the… Read More

April 15, 2016 @ 9:11 am By JD Alois  |  

The government of Finland has submitted its proposal to update the regulatory environment for raising capital online. According to a recent release by the Ministry of Finance, the new Act will ease the regulation of investment-based crowdfunding and clarify the rules for loan-based crowdfunding. The “Crowdfunding… Read More

April 15, 2016 @ 12:32 am By JD Alois  |  

  The Subcommittee on Capital Markets and Government Sponsored Enterprises, part of the House Financial Services Committee, reviewed several proposed acts of legislation crafted to help smaller business and grow the economy today (April 14).  Chaired by Congressman Scott Garrett, the hearing was labeled “The… Read More

April 13, 2016 @ 10:17 am By JD Alois  |  

The Subcommittee on Capital Markets and Government Sponsored Enterprises, part of the House Financial Services Committee, has scheduled a hearing for tomorrow (Thursday, April 14 @10AM ET) that has been labeled, “The JOBS Act at Four: Examining Its Impact and Proposals to Further Enhance Capital Formation”.  The… Read More

April 13, 2016 @ 9:00 am By Samuel Guzik  |  

  In my last article on Crowdfund Insider, entitled: “JOBS Act Crowdfunding Begins on May 16, 2016: Don’t Get Busted for Solicitation!,” I warned of one of the hidden dangers for companies embarking on a Title III equity crowdfunding campaign – which goes live on… Read More

April 8, 2016 @ 6:30 pm By JD Alois  |  

Reportedly the crowdfunding legislation for the state of California took another positive step forward this week. The Small Business California’s Crowdfunding bill (AB 2178) passed the Assembly Banking Committee on a vote of a 11 to 1. Next step is for the Assembly Judiciary Committee… Read More

April 8, 2016 @ 1:47 pm By JD Alois  |  

The House Financial Services Committee, chaired by Representative Hensarling, has scheduled a hearing for Thursday, April 14, at 10AM, for a Capital Markets and Government Sponsored Enterprises Subcommittee gathering to examine four different legislative proposals designed to improve and promote capital formation.  The Committee has… Read More

April 4, 2016 @ 6:33 pm By JD Alois  |  

In a bipartisan push that matches the Governor’s commitment to boost access to capital for smaller firms, Delaware will file legislation next week that will allow state residents the ability to invest in SMEs via online crowdfunding platforms. The bill is sponsored by Representative Bryon… Read More

April 4, 2016 @ 10:33 am By Anthony Zeoli  |  

A new Bill (H.R. 4831) was recently introduced by Representative J. French Hill which looks to amend the rules of the Internal Revenue Code of 1986 (the “Code”) concerning  “subchapter S” qualified corporations (“S Corps”), and the limited number of permitted S Corp shareholders, to… Read More

March 28, 2016 @ 4:00 am By Samuel Guzik  |  

  It’s been five months or so since the SEC published its long awaited investment crowdfunding rules.  Though Congress dictated that this task be completed by the end of 2012, the SEC missed the mark by nearly three years.  Now, with rules in hand, and… Read More

March 24, 2016 @ 10:50 am By JD Alois  |  

A growing number of governments are seeking to provide political might to support financial innovation.  While the UK may have trailblazed a path for the rest of the world, there is still time to catch up but without governmental acknowledgement it is pretty tough to… Read More

March 22, 2016 @ 6:08 pm By JD Alois  |  

A new bill seeking to improve access to capital for small business is making its way through Congress right now. The “Micro Lending Safe Harbor Act”, sponsored by Congressman Tom Emmer, has captured some solid endorsements as both the National Small Business Association and the Small Business… Read More

March 3, 2016 @ 10:00 pm By JD Alois  |  

OTC Markets Questions Monopoly Model for Venture Exchange. The House Financial Services Committee has been busy once again with a slew of proposed laws designed to improve the environment for smaller companies.  One of the bills on the list for the Committee yesterday (March 2,… Read More

March 2, 2016 @ 1:02 pm By JD Alois  |  

The HALOS Act (HR 4498) or “Helping Angels Lead Our Startups Act” is a bill in the House of Representatives that seeks to fix a nagging issue for startups: You are not legally allowed to pitch your business to investors in public – unless you… Read More

February 18, 2016 @ 10:25 pm By Anthony Zeoli  |  

  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

February 18, 2016 @ 5:54 pm By JD Alois  |  

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

February 1, 2016 @ 9:30 pm By Samuel Guzik  |  

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

January 18, 2016 @ 11:12 am By JD Alois  |  

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

January 4, 2016 @ 6:37 pm By JD Alois  |  

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