Tagged: perspective

July 15, 2015 @ 11:00 am By Chris Tyrrell  |  

  According to Inc.com, the emergence of the JOBS Act has created around 1,500 to 2,000 jobs since its inception. And according to the organization Women Entrepreneurs as Economic Drivers, women will create more jobs and keep the economy churning, provided they have the capital… Read More

July 14, 2015 @ 8:47 am By Anthony Zeoli  |  

  What started as an action against a single company in late June has evolved into a probe of an entire industry. As reported by the Wall Street Journal late last week, the Securities and Exchange Commission (SEC) has launched a new probe spurred by… Read More

July 13, 2015 @ 2:00 am By Geoff Miller, CEO, GLI Finance  |  

The Emergency Budget This week saw the first Budget in the UK since the Conservative Party achieved a surprise win in the General Election in May. As the previous coalition government had already made promising steps towards the implementation of legislation which will improve access… Read More

July 8, 2015 @ 11:27 am By JD Alois  |  

  The Chancellor of the Exchequer’s summer budget was said to put economic security first and was a plan for “working people”. But incorporated in the policy statement was also aspects that should benefit disruptive financial firms on both the debt and equity side of… Read More

July 2, 2015 @ 12:39 pm By David Klein  |  

By now, you’ve more than likely heard about Goldman Sachs’ plans to launch an online consumer lending unit as early as next year. Yes, Goldman Sachs, the 146-year-old Wall Street giant best known for focusing on the 1%, is making a bet on Main Street with plans… Read More

June 23, 2015 @ 10:30 am By JD Alois  |  

The states of Massachusetts and Montana have filed a joint preliminary statement of issues. Once again the two state securities regulators, William Galvin in Massachusetts and Monica Lindeen in Montana, are reiterating their criticism of the SEC and recently enacted rules for Regulation A+. The… Read More

June 23, 2015 @ 9:52 am By JD Alois  |  

The German Crowdfunding Network joined a broad coalition of business advocates last month to plead with the German government to not raise taxes on capital gains. Typically politicians are always in search of revenue (new taxes) to spend on public projects and services. Some with merit,… Read More

June 22, 2015 @ 7:30 am By Samuel Guzik  |  

And Regulation A+’s Forgotten Crowdfunding Cousin Quietly Comes to Life in Congress Some History Lessons Though some may quibble over the details, June 19, 2015, was an historic day in U.S. regulatory history, at least as far as raising capital for small businesses is concerned… Read More

June 19, 2015 @ 5:27 pm By JD Alois  |  

Title IV of the JOBS Act finally become an actionable exemption today.  Rules 251 through 263 of Regulation A, under the Securities Act of 1933, were amended in an effort to fix a previously untenable securities rule.  Reg A+, as it is commonly known, has… Read More

June 17, 2015 @ 10:42 am By Anthony Zeoli  |  

The Securities and Exchange Commission’s (SEC) Advisory Committee on Small and Emerging Companies met in early June to discuss various topics concerning, of course, small businesses. One of the primary topics the Committee addressed was the growing enactment and use of state-based crowdfunding (i.e. “Intrastate… Read More

June 12, 2015 @ 5:33 pm By JD Alois  |  

The Subcommittee on Capital Markets an Government Sponsored Enterprises, part of the Committee on Financial Services, has scheduled a hearing to discuss two bills. The first is the Small Business Credit Availability Act which has been crafted to amend the Investment Committee Act of 1940… Read More

June 10, 2015 @ 2:39 pm By Stephen Sheinbaum  |  

  Trends in the Use of Technology in Alternative Finance Calendar makers divide the general world’s timeline into “Common Era” and “before the Common Era”. For financial technology, the timeline should be divided into “Before PayPal” and the sea change which has happened since. When… Read More

June 9, 2015 @ 3:01 am By Anthony Zeoli  |  

Early last week the Financial Industry Regulatory Authority (FINRA) rolled out a multi-million dollar ad campaign promoting its online research tool called “BrokerCheck.” BrokerCheck is free online database intended to provide the investing public with an east way to research brokers and investment advisers before… Read More

June 5, 2015 @ 9:34 pm By JD Alois  |  

Senator Elizabeth Warren, an outspoken critic of all things associated with Wall Street, launched a blistering frontal assault against the current Chair of the SEC – Mary Jo White. It should be noted that Mary Jo White was selected by President Barack Obama to reinvigorate… Read More

June 4, 2015 @ 11:53 am By Georgia Quinn  |  

A CATO Institute event on the status of capital markets in the US provided a bright spot to an otherwise bleak and rainy day in New York City. Amidst the libertarian rhetoric and literature, two speakers stood out with certain observations and proposed remedies to… Read More

June 4, 2015 @ 7:37 am By JD Alois  |  

SEC Commissioner Daniel Gallagher has completed the final update of his “crazy quilt” chart of regulations that smother financial services firms.  It is a wonder that anyone working in the financial sector does anything else but review and comply with mandatory rules.  And these are… Read More

May 30, 2015 @ 5:20 pm By JD Alois  |  

How time flies. The SEC is mandated by law to convene a forum on Small Business Capital Formation once a year. The practice has become an annual event that combines both hope and frustration.  The SEC is not required to act on any of the… Read More

May 27, 2015 @ 7:30 am By Anthony Zeoli  |  

For years now, big bank lenders have warned the public about the dangers of dealing with “shadow” (i.e. non-bank) lending institutions. The term itself conjures up images of shady back-room deals where you’re handed money in a paper bag and told to pay it back… Read More

May 26, 2015 @ 8:15 am By Samuel Guzik  |  

On the eve of the 2015 Memorial Day weekend, Massachusetts Secretary of State William Galvin set the stage for what I expect will be the final chapter in the continuing saga of what has popularly been referred to as Regulation A+,  a newly created avenue… Read More

May 21, 2015 @ 9:15 am By Dara Albright  |  

The thing that excites me most about today’s crowdfinance-inspired path of capital formation is its unprecedented ability to mitigate shareholder risk and groom more productive businesses. It does this by allowing companies to gauge consumer demand and presell products prior to it outlaying any manufacturing,… Read More