Tagged: regulations

January 22, 2014 @ 12:23 pm By Kiran Lingam  |  

Since the proposed crowdfunding rules were released on October 23, 2013, the top concern for many in the industry has been that the costs of compliance would make crowdfunding too expensive to be useful. Our Crowdfunding Cost Model further backed up this concern, indicating that… Read More

January 9, 2014 @ 4:00 pm By Samuel Guzik  |  

HOW TO MAKE THE SEC REPENT BEFORE IT IS TOO LATE. In a previous article in Crowdfund Insider on November 4, 2013, I identified a number of serious problems with the SEC’s proposed crowdfunding regulations. I also promised readers to share my opinions on what… Read More

December 30, 2013 @ 4:32 pm By Georgia Quinn  |  

By December 18, 2014 the Securities and Exchange Commission (SEC) had proposed or adopted regulations mandated by Titles II, III and IV of the Jumpstart Our Business Startups Act of 2012 (JOBS Act). Those regulations impact crowdfunding in many ways. Issuers will now have a… Read More

December 27, 2013 @ 10:18 am By JD Alois  |  

A report from the European Crowdfunding  Network (ECN) and partner Toniic, have published a report on Crowdfunding for Impact in Europe and the USA.  The document was authored by Oliver Gajda, co-founder and Chairman of the  ECN and Nick Mason, who is a former consultant… Read More

December 19, 2013 @ 9:34 pm By JD Alois  |  

Yesterday, December 18, 2013, a debate was held in Westminster Hall regarding crowdfunding.  Labour MP Barry Sheerman led the discussion and described the opportunity as a bit of a Christmas present as this was the first ever debate on the innovative form of financing. The… Read More

December 18, 2013 @ 1:30 pm By Kim Wales  |  

Compilation vs. Review vs. Audit for offerings of more than $500,000? Efforts to influence the final proposed rule for Financial Disclosure (Section 4A(b)(1)(D)), requires “a description of the financial condition of the issuer,” in which regulators have requested comments from the public for the Final… Read More

December 17, 2013 @ 8:36 pm By JD Alois  |  

Debate Takes Place as Consultation Period Nears End. Members of Parliament (MPs) will be debating the future of crowdfunding at Westminster tomorrow,  Wednesday, December 18, 2013.  The Westminster Hall Debate has been initiated by Barry Sheerman MP, a leading proponent of crowdfunding. Mr Sheerman, chair of… Read More

December 17, 2013 @ 3:00 am By Barry James, The Social Foundation  |  

Green Light the new freedoms of the digital age. The idea of a man having to walk in front of each car on the road waving a red flag to ensure that they didn’t scare the horses has often been the object of a mixture… Read More

November 24, 2013 @ 3:00 pm By JD Alois  |  

Global law firm Seyfarth Shaw recently gave a presentation reviewing the Securities and Exchange Commission’s (SEC) proposed regulations regarding Title III of the JOBs Act – specifically “retail” or “popular” crowdfunding.  These proposed regulations are now accepting comments on the SEC web site. While these… Read More

November 24, 2013 @ 11:10 am By JD Alois  |  

The newest SEC Commissioner Kara M. Stein presented a speech to the American Bar Association (ABA) Business Law Section’s Federal Regulation Committee Fall meeting on November 22, 2013 in Washington, DC.  The presentation, while wide in scope, did touch on important regulatory issues such as… Read More

November 20, 2013 @ 7:39 pm By JD Alois  |  

The below info graphic is courtesy of BoardSuite which is a Canada based ecosystem which provides corporate governance services in a secure platform.  Investment crowdfunding is different in Canada in comparison to the United States.  Each Province has securities regulators which control the regulatory process… Read More

November 20, 2013 @ 2:22 pm By JD Alois  |  

Equity crowdfunding platform SeedInvest, which currently offers investments in startups for accredited investors, has put together an estimated cost spread sheet if Title III Crowdfunding regulations were applied today.  The results show a detrimental process for small companies attempting to raise capital.  In fact for… Read More

November 8, 2013 @ 7:11 am By Samuel Guzik  |  

On the Proposed SEC Regulations & Crowdfunding – A Postscript. Behind the unanimous vote that accompanied the SEC’s issuance of proposed crowdfunding regulations on October 23, 2013, I sensed that there was more afoot behind the congenial surface.  It seemed unlikely to this Commission observer… Read More

October 24, 2013 @ 2:16 pm By JD Alois  |  

RockThePost CEO Alejandro Cremades contacted Crowdfund Insider with some thoughts on SEC proposed regulations which were released yesterday.  RockThePost is an equity crowdfunding portal which is not presently associated with a Broker / Dealer.  The platform has raised over $17 Million in accredited investor offerings… Read More

October 24, 2013 @ 10:39 am By Samuel Guzik  |  

(This is First in a Series of Articles Focusing on the Road Ahead to Final Rules and Beyond) Like many others around the country and around the world, I was excited to hear that nearly 19 months after the JOBS Act was signed into law,… Read More

October 24, 2013 @ 9:15 am By JD Alois  |  

Amanda Boyle created BloomVC (Venture Capitalist) in 2011 to fill a funding gap for innovative ideas, community initiatives, and small business growth with the power of the crowd.  Located in the UK, Bloom is a rewards based crowdfunding platform. With the release of the FCA Consultation Paper… Read More

October 24, 2013 @ 8:48 am By JD Alois  |  

The Financial Conduct Authority (FCA), the United Kingdom regulatory agency which has oversight on crowdfunding, has released their comments on regulating the crowdfunding industry.  This includes both debt based and equity based crowdfunding. On 1 April 2014, the FCA is taking over the regulation of… Read More

October 23, 2013 @ 1:12 pm By Charles Luzar  |  

The SEC has released proposed rules for Title III retail equity crowdfunding. The 582 page document is going to take a while to digest, but we wanted to share immediately. In related news, publication of these rules to the Federal Register will mark the official… Read More

September 27, 2013 @ 7:00 am By Samuel Guzik  |  

Still Time to Comment on SEC’s Proposed Regulation D General Solicitation Rules? On July 10, 2013, the SEC issued its final rules allowing general solicitation and advertising in unregistered private placements, provided all of the investors were accredited, effective September 23, 2013.  However, on the… Read More

September 26, 2013 @ 1:16 pm By JD Alois  |  

In a speech delivered in Chicago, SEC Chair Mary Jo White outlined her approach regarding the SEC’s enforcement approach.  Calling for a need to be both “aggressive and creative”, the Chair described a strict approach where both large and small cases will be pursued. White… Read More