Tagged: regulations

August 30, 2013 @ 10:32 am By JD Alois  |  

The Securities and Exchange Commission has issued a release indicating they will be holding a public meeting for the Advisory Committee on Small and Emerging Companies.   Past meetings of this committee have been relevant to the crowdfunding space and forthcoming regulations which will impact… Read More

August 18, 2013 @ 7:28 pm By Charles Luzar  |  

Cincinnati, Ohio ABC affiliate WCPO recently did a report on Candace Klein and SoMoLend. Included in the report was an interview with Ian Edwards, who identified himself as an investor in SoMoLend and a former VP at Proctor & Gamble. He says that Klein may… Read More

August 2, 2013 @ 9:02 am By JD Alois  |  

Released by Bloomberg BNA, Haynes and Boone tackles growing industry of social media and corporate use. Covers Regulation FD and crowdfunding. Multiple Haynes and Boone,  lawyers, led by Dallas Partner David Bell, has prepared a comprehensive guide to the corporate legal issues associated with social media.Corporate Practice… Read More

July 19, 2013 @ 1:00 pm By JD Alois  |  

The United Kingdom Crowdfunding Association or UKCFA has launched a very informational wiki on their site which engages users by asking for participation and feedback. The newly released wiki also indicates the crowdfunding advocate group’s position regarding important regulatory items affecting crowdfunding in the UK… Read More

July 10, 2013 @ 12:38 pm By JD Alois  |  

On July 10, 2013, the Securities and Exchange Commission approved rules regarding General Solicitation (IE advertising) for private placements under Regulation D. While old Reg D still exists under 506b, new 506c allows general solicitation directed towards accredited investors. The SEC published a Fact Sheet… Read More

July 5, 2013 @ 9:20 am By JD Alois  |  

The FINRA Board of Governors has scheduled a meeting on July 11th – one day after the SEC meeting to review portions of the jobs act, specifically regulation pertaining to Regulation D or private placements. The FINRA board will review a proposal to solicit comment… Read More

May 22, 2013 @ 10:26 am By Charles Luzar  |  

Dealstruck is a debt-based crowdfunding platform based in La Jolla, California. It was launched by co-founders Ethan Senturia and Russel McLoughlin. In a recent interview with Xconomy, Senturia describes the process of launching the company. The throught process he alluded to should raise a red… Read More

April 6, 2013 @ 3:15 am By JD Alois  |  

A leading organization that represents entrepreneurs and small business owners expressed frustration with the dawdling pace of Jumpstart Our Business Start Up Act  (JOBS Act) implementation by the Securities and Exchange Commission (SEC).  The JOBS Act was signed by President Barack Obama one year ago… Read More

March 18, 2013 @ 1:00 am By Forbes  |  

It’s insane that the world is buying into the joke known as “Crowdfunding.”  Everyone and their mother is predicting that it’s the next miracle in the making.  But, let’s be honest with ourselves.  Crowdfunding is neither new, nor innovative.  Most importantly, it doesn’t make sense. There are two… Read More

March 15, 2013 @ 4:41 pm By JD Alois  |  

In stark contrast to the Senatorial theatrics associated with the confirmation of Defense Secretary Chuck Hagel, incoming SEC Chairman Mary Jo White has experienced a different process which was  more routine.  The confirmation hearing was held this past week on March 12th and was notable… Read More

March 8, 2013 @ 7:38 am By JD Alois  |  

CrowdClear, a provider of technology, regulatory and compliance services to crowdfunding portals, today announced the launch of its highly scalable, regulatory-compliant technology platform. A division of Bendigo Securities, LLC, a registered broker-dealer, CrowdClear provides funding portals with all of the technology and services to offer… Read More

February 7, 2013 @ 9:10 am By Charles Luzar  |  

The SEC has a mandate to protect investors while facilitating access to capital. The crowdfunding industry has a mandate to facilitate access to capital while protecting investors. In theory, the goals of the SEC and the crowdfunding industry align. Industry participants know that there will… Read More

January 31, 2013 @ 12:20 pm By JD Alois  |  

Equity crowdfunding is still in a holding pattern, hovering over the regulatory process in Washington DC. The merits of crowdfunding continue to become more self evident as progress is made in the UK and around the world. One subject about equity crowdfunding which has only… Read More

December 27, 2012 @ 7:47 am By Kristin Voinovich  |  

I read an exceptional article back in November written by Daniel Gorfine and Ben Miller.  Daniel is Director of Special Projects & Legal Counsel for the esteemed Milken Institute and Ben is Co-Founder of Fundrise – a direct investment platform for local real estate and… Read More

November 12, 2012 @ 11:17 am By JD Alois  |  

The Securities and Exchange Commission announced their intent to webcast a portion of the hearings later this week. Individuals interested in participating must register today. You may view the entire schedule of the hearings here. The SEC plans to webcast the morning panel presentations of… Read More