Tagged: regulation

July 16, 2013 @ 12:34 pm By Charles Luzar  |  

There was a question recently posted to Quora seeking perspective on the interplay of regulation and the crowdfunding industry. Gust CEO David S. Rose offered an answer and it actually serves as a great primer on the crowdfunding industry as a whole. Read below… Read… Read More

June 14, 2013 @ 9:22 am By Charles Luzar  |  

Members of the House Financial Services Committee are exploring the option of passing additional legislation even as crowdfunding industry stakeholders continue to wait on the SEC to pass legislation Although small companies are at the forefront of technological innovation and job creation, they often face… Read More

June 13, 2013 @ 9:54 am By Charles Luzar  |  

The European Crowdfunding Network has published a whitepaper explaining the state of crowdfunding regulation in the UK, Spain, Italy and Germany. The document explores how all four countries are simultaneously taking their own unique approaches to implementing crowdfunding while clearly learning from one another as they… Read More

May 28, 2013 @ 4:05 pm By Businessweek  |  

These days, you’re unlikely to encounter a story about equity-based crowdfunding that doesn’t come with some form of the following disclaimer: More than a year after President Obama signed the JOBS Act into law, the Securities and Exchange Commission has yet to formalize rules that… Read More

May 13, 2013 @ 9:21 am By Metro.co.uk  |  

Calls for ‘crowdfunding’ to be regulated could be heard as early as next April when new rights for consumers come in to play. But with so many internet platforms popping up, the catch-all term can be confusing. It is used to describe a large group of… Read More

May 9, 2013 @ 9:57 am By Crowd Valley Blog  |  

AngelList and FundersClub both recently requested and received “no action” relief from the SEC staff. “No action” letters are often complicated and the law surrounding the discussion is extremely opaque. We have sought to set out the implications of the relief granted by the staff… Read More

April 26, 2013 @ 7:11 am By Grand Rapids Business Journal  |  

Although many aspects of crowdfunding regulation are still pending federal approval, the developing social fundraising system can offer growth opportunities for startups. Crowdfunding was the main topic recently for the Western Michigan chapter of the Association for Corporate Growth at its breakfast series, at Kent Country Club… Read More

April 10, 2013 @ 8:38 am By Xconomy  |  

… While skeptics point out there might be natural limits on how successful equity crowdfunding could be, the immediate reason for the holdup is the SEC. The JOBS Act required the commission to create the rules governing equity crowdfunding within nine months of its passage. The… Read More

March 29, 2013 @ 9:36 am By Washington Post  |  

  While start-up owners eagerly await the Securities and Exchange Commission’s regulations for crowdfunding, a handful of broker/dealers are racing to be the first to capi­tal­ize on the phenomenon.   An exemption in the Securities Act allows start-ups to conduct a version of crowdfunding today — as long… Read More

March 28, 2013 @ 7:49 pm By Josh Constine  |  

  The SEC today paved the way for a new era of venture capital investing by stating it won’t pursue enforcement action against FundersClub, whose platform lets any accredited investor fund startups in exchange for equity. Before, some thought FundersClub’s founders could face jail time for violating finance… Read More

March 28, 2013 @ 8:24 am By Charles Luzar  |  

As we approach the dawn of equity crowdfunding in the US, one of the challenges portals will eventually face has to do with educating their entrepreneurs about how to stay on the right side of the SEC. Specifically, I want to talk about the difference… Read More

March 18, 2013 @ 7:01 am By Charles Luzar  |  

Two weeks ago I was sitting in on a web chat held by the United States State Department. The subject was crowdfunding. Jessica Jackley of popular microloan platform Kiva and Sherwood “Woodie” Neiss of the Startup Exemption and Crowdfund Capital Advisors were discussing crowdfunding in… Read More

March 1, 2013 @ 5:37 pm By Jennifer Napier-Pearce  |  

Crowdfunding has come to the rescue for hundreds of thousands of startups looking for capital in a tight credit market. Soon, a new dimension to online fundraising, known as equity crowdfunding, will be available to investors, and that has regulators and consumer advocates on edge. Regulations to… Read More

February 20, 2013 @ 3:59 pm By Charles Luzar  |  

According to sources in the crowdfunding industry who were present for yesterday’s meetings in Washington, there is reason for cautious optimism in regards to Title III implementation. The message from the industry was clear; We’ve examined the problem domain and we’re ready to go, but… Read More

February 9, 2013 @ 4:09 pm By Forbes  |  

At the end of a long trip last week, I took a taxi from a BART mass transit station in San Francisco’s East Bay back to my house a few miles away. As the law requires, I could only choose the first cab in line at… Read More

December 10, 2012 @ 7:00 am By Charles Luzar  |  

RocketHub’s Crowdfunding Whitepaper may prove a little tedious for the typical entrepreneur, but if you’re looking for a deep understanding of crowdfunding’s status in the US it is required reading.  COO Jed Cohen and CFO Alon Hillel-Tuch were armed with their enthusiasm and this document at… Read More

November 20, 2012 @ 4:50 pm By Charles Luzar  |  

The 2012 Forum on Small Business Capital Formation is in the books. Industry leaders met with representatives from the SEC in an effort to build consensus on regulatory recommendations for crowdfunding’s implementation in the US. Although the movement has come a long way, there is… Read More

November 19, 2012 @ 2:01 pm By Jonathan Sandlund, The Crowd Cafe  |  

The Securities and Exchange Commission hosted its annual Small Business Capital Formation forum last Thursday. Crowdfunding under Title II and Title III of the JOBS Act was top of mind. We were hoping for a substantive update – the SEC is well beyond congressionally mandated… Read More