Tagged: sec

January 15, 2013 @ 6:48 pm By Entrepreneur  |  

To make the leap from theory to reality, crowdfunding will require the core elements of entrepreneurial spirit: a tolerance for risk and an urgency to execute on a great idea. Sadly, both of those qualities are in short supply in Washington, D.C. While the U.S. government slid… Read More

January 15, 2013 @ 1:01 am By Washington Business Journal  |  

The SEC is dragging its feet on hashing out the rules for equity crowdfunding, and thekvetching from crowdfunding advocates is growing louder. Mary Schapiro stepping down as SEC chairwoman hasn’t exactly lifted hopes that the agency will produce a set of rules in a timely fashion. AOL co-founder and… Read More

January 11, 2013 @ 10:32 am By Howard Orloff, IPO Village  |  

After reflecting on the event at Crowdfund Texas, I have come to the firm belief that the upcoming IPO(s) from IPO Village will encourage movement on the rules that will ultimately  govern equity crowdfunding. Equity Crowdfunding will bring about a new asset class that will… Read More

January 11, 2013 @ 1:23 am By Charles Luzar  |  

This article is part one in a series on entrepreneurship and access to capital with a focus on the state of Texas. I recently talked to Richard Seline, Principal of Global NextGen Advisors, who just spoke at the Crowdfund Texas conference. He also offers support… Read More

January 8, 2013 @ 9:33 pm By Inc.  |  

The president signed the JOBS Act into law in April, fueling a boom in crowdfunding companies. But the SEC is stalling. What’s the hold up? In an afternoon ceremony at the White House on April 5, 2012, President Obama signed off on the creation of… Read More

January 6, 2013 @ 5:26 pm By Technorati  |  

Wasting little time in sending shockwaves of monetary madness across socially supported business models, our Federal government perhaps just set the stage for economic disaster amongst financial and technology sectors, with little initial recourse available.  Single entrepreneurs earning beyond $400k may skiff minuscule fiduciary responsibility… Read More

January 5, 2013 @ 6:42 pm By NYTimes.com  |  

RYAN CALDBECK was stumped. A director at a private equity firm, he was taking part in a panel discussion at a consumer goods conference last summer in New York when an entrepreneur raised his hand with a question: Where could a young company with just a few… Read More

January 3, 2013 @ 9:15 pm By PolicyMic  |  

If you are somebody who follows the development of Web 2.0 pretty ardently, you must know about crowdfunding and more specifically, Kickstarter. (If not, I would suggest you go to the Kickstarter website and look around. It can be a mesmerizing experience.) What people who… Read More

December 29, 2012 @ 2:51 am By DailyFinance  |  

Shares of Ma ‘n’ Pa’s Grocery and Funeral Services seem likely to be stalled in their release to the public. While the café-crematorium concept hasn’t caught on with the big boys, companies were hopeful that the end of the year would see new legislation regarding crowd-sourced… 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

December 26, 2012 @ 12:00 pm By NYTimes  |  

When the Jobs Act became law in April, supporters proclaimed a new era for small businesses seeking to raise money. The “game changer,” as President Obama put it in the Rose Garden as he signed the bill, was a provision to allow small companies to… Read More

December 23, 2012 @ 2:34 pm By Washington Post  |  

Since President Obama signed the Jumpstart Our Business Startups Act last spring, the most successful crowdfunding campaign — for an e-paper wristwatch called Pebble Watch — raised $10 million. Another campaign — this one for a video game, raised $6.3 million from 90,000 fans online… Read More

December 19, 2012 @ 5:09 pm By Peter Schroeder, The Hill  |  

Republicans on the House Oversight Committee are chiding the Securities and Exchange Commission (SEC) for providing laggard responses to their requests. In the letter to SEC Chairman Elisse Walter, the GOP lawmakers accused the SEC of “unacceptable” behavior in responding to committee requests for information… Read More

December 18, 2012 @ 10:47 pm By JD Alois  |  

In a letter forwarded to outgoing SEC Chairman Mary Schapiro, Senator Bennet advances the need to not pose an “undue burden on small business”.  This reflects the balance between disclosure from the prospective crowdfunding business and the need for appropriate information regarding due diligence from… Read More

December 17, 2012 @ 9:14 pm By Ecopreneurist  |  

Those involved directly in the crowdfunding industry and businesses that have been eagerly awaiting the new crowdfunding regulations recently heard a bit of news causing a lot of cringing, heartburn and further disappointment in a system that already had a lot to prove. The Securities… Read More

December 14, 2012 @ 11:02 pm By JD Alois  |  

  As posted on the FINRA web site on December 7th following the scheduled meeting of the FINRA Board of Governors, Richard Ketchum issued a summary of the rule proposals as approved by the board.  One of the proposals specifically addressed crowdfunding. Included amongst several other… Read More

December 14, 2012 @ 10:50 pm By St. Louis Business Journal  |  

Last week I pointed out that despite all of the hype around crowd funding for startups, it’s still illegal to crowdfund in exchange for equity. Well, it still is, but there has been a small development in the saga of the JOBS Act since then. In a… Read More

December 13, 2012 @ 11:44 am By Angus Loten, Wall Street Journal  |  

Scott Schroeder needs financing for his small electronics assembly business to hire more workers amid a recent surge in demand for its services. His bank recently refused to increase the Oregon company’s credit line, forcing him to consider selling equity in his company to dozens,… Read More

December 13, 2012 @ 11:41 am By Sara Hanks, CrowdCheck  |  

Well, as we’ve already pointed out, it will not be legally or logistically possible for the SEC to have its crowdfunding regulations in place by December 31.  Some commentators have speculated that we might get the proposals December.  Or January.  All I can say with respect… Read More

December 13, 2012 @ 11:32 am By CFIRA  |  

Washington, D.C. – December 11, 2012 – Senators Jeff Merkley (D-OR) and Michael Bennet (D-CO) urged Chairman Mary Schapiro of the Securities Exchange Commission to request that rules governing crowdfunding activities be issued quickly. Merkley and Bennet were lead sponsors on the CROWDFUND Act, which was… Read More