Tagged: samuel s. guzik

August 4, 2014 @ 8:02 am By Samuel Guzik  |  

Many of us are wondering when, if and how the SEC will finally roll out final regulations to implement major provisions of the JOBS Act of 2012, including Title III (investment crowdfunding) and Title IV (Regulation A+). So too were a group of Congressmen, gathered… Read More

July 21, 2014 @ 8:18 am By Samuel Guzik  |  

Many of you are still reeling from the impact of the worldwide collapse of the financial markets in 2008. And most of us have rightfully observed that following one of the greatest debacles in financial history, no one has gone to jail – no one… Read More

July 7, 2014 @ 8:11 am By Samuel Guzik  |  

Some of you who read my article on July 1, 2014, entitled “Intrastate Crowdfunding at Risk -Has Intrastate Crowdfunding in Washington State Been Washed Out by NASAA and the SEC?” may have concluded that I was making a mountain out of a mole hill –… Read More

July 1, 2014 @ 8:32 am By Samuel Guzik  |  

Has Intrastate Crowdfunding in Washington State Been Washed Out by NASAA and the SEC? On May 5, 2014, I published an article in Crowdfund Insider highlighting recent informal “rulemaking” at the SEC Division of Corporation Finance, which in my opinion quietly dampened the efforts of… Read More

May 5, 2014 @ 7:30 am By Samuel Guzik  |  

For those of you who were too busy to notice, U.S. Congressman Patrick McHenry introduced three draft bills into the House Financial Services Committee last week.  One of them, if it were to become law, would open up the U.S. equity crowdfunding world in ways… Read More

April 28, 2014 @ 8:00 am By Samuel S. Guzik, The Crowdfunding Counselor  |  

Since the 1930’s Regulation A has been unremarkable as a little known and little used “exemption” from the full SEC registration process – intended to allow smaller companies to access public markets through a streamlined SEC registration process – with “reviewed” financial statements and no… Read More

March 24, 2014 @ 6:35 pm By JD Alois  |  

Comments on proposed rules regarding Title IV of the JOBS Act are due today pursuant to the deadline set by the SEC.  Traditionally public comments continue to be posted on proposed rule amendments after the deadline, it is understood the door for comments will be… Read More

March 10, 2014 @ 11:27 am By Samuel S. Guzik, The Crowdfunding Counselor  |  

Title III of the JOBS Act created an exemption from registration for the offer and sale of so-called “crowdfunded” securities under the Securities Act of 1933, allowing the offer and sale of securities to an unlimited number of unaccredited investors without registration with the SEC,… Read More

March 3, 2014 @ 7:20 am By Samuel S. Guzik, The Crowdfunding Counselor  |  

On February 19, 2014, in a missive to the SEC, signed by 18 state securities administrators,  under the letterhead of the North American Securities Administrators Association (“NASAA”), the message was clear: “[we] write to voice our objection to the Commission’s attempt to preempt state authority… Read More

February 24, 2014 @ 7:00 am By Samuel S. Guzik, The Crowdfunding Counselor  |  

Crowdfunding May Require JOBS Act 2.0. It started out as a noble idea. If only crowdfunding could go to the next level – from a paradigm where a multitude of individuals could join together – courtesy of the Internet – and fund a worthwhile social… Read More

January 27, 2014 @ 4:19 pm By Samuel Guzik  |  

In a speech delivered today by SEC Chair Mary Jo White at the 41st Annual Securities Regulation Institute in Coronado, California, entitled: “The SEC in 2014,” it appears that Chair White has “gotten the memo” from her predecessors, and is well on her way to… Read More

January 26, 2014 @ 1:30 pm By JD Alois  |  

Securities attorney, JOBS Act authority and Crowdfund Insider columnist Sam Guzik was recently interviewed on It’s Rainmaking Time by Kim Greenhouse.   Her guests were bestselling authors, leaders of industry, and pioneers attracting listeners from around the world. Greenhouse, having met Guzik a the Crowdfunding Bootcamp… Read More

January 22, 2014 @ 1:08 am By Samuel S. Guzik, The Crowdfunding Counselor  |  

December 18, 2013 may well mark an historic turning point in the ability of small business to effectively access capital in the private and public markets under the federal securities regulatory framework.

January 17, 2014 @ 10:06 am By Georgia Quinn  |  

Office of Advocacy Invokes Act That Requires SEC to Consider Impact on Small Business. If first you don’t succeed… In a brief but much needed comment letter, dated January 16, 2014, the Office of Advocacy (Advocacy) of the Small Business Administration (SBA) asked the Securities… 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

January 6, 2014 @ 1:59 pm By JD Alois  |  

The Small Business Administration has scheduled a Small Business Roundtable on Crowdfunding. The event will be taking place on Wednesday, January 15, 2014 at the SBA offices in Washington, DC.  As previously reported the two hour meeting will feature prominent Securities Attorney and Crowdfund Insider columnist… Read More

December 19, 2013 @ 11:48 am By JD Alois  |  

Small Business Crowdfunding Roundtable Agenda Welcome and Introduction of Small Business Representatives and Staff from the Securities Exchange Commission (10:00 a.m. – 10:10 a.m.) Dillon Taylor, Assistant Chief Counsel, SBA Office of Advocacy Overview of the SEC’s proposed rule to implement Title III of the… Read More

December 9, 2013 @ 11:18 am By JD Alois  |  

California based Securities Attorney Samuel S. Guzik has been scheduled to lead the Small Business Administration (SBA) Crowdfunding Roundtable scheduled for January 15, 2014.  The event is open to the public and will be held at the SBA offices in Washington, DC.  Guzik, a noted… 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

November 4, 2013 @ 8:00 am By Samuel Guzik  |  

(Editors Note: The content below was corrected to reflect text included in the original article that was not clearly attributed to Dara Albright.) There was an air of euphoria in the crowdfunding community on October 23 when the U.S. Securities and Exchange Commission finally issued… Read More