Tagged: sec

March 5, 2013 @ 7:58 am By TriplePundit  |  

Crowdfunding is a new capital formation tool that allows large numbers of ordinary investors to aggregate relatively small investments in exchange for equity positions in companies. It’s redefining what it means to be an investor and disrupting the delicate balance between investor protections and investor… Read More

March 4, 2013 @ 8:09 am By JD Alois  |  

In an opinion piece on the pages of NYTimes, journalist / banker and former Obama Administration “Car Czar” attacks legislation promoted by his former boss:  The Jobs Act of 2012.  Titled a “Sneaky Way to Deregulation, Ratner goes directly after one of the most significant… 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 28, 2013 @ 8:35 pm By David Drake  |  

This guest Q&A is by David Drake, founder and CEO of LDJ Capital and The Soho Loft. He recently sat down withChance Barnett, CEO of CrowdFunder, which enables businesses to raise equity and revenue-based financing. Drake: How do you feel about the progress the crowdfunding… Read More

February 27, 2013 @ 7:42 pm By Mohana Ravindranath  |  

Some crowdfunding industry leaders are using the lull before the fundraising practice is publicly viable to develop educational material for people who may soon be making their first investments. The Securities and Exchange Commission is currently drafting rules to allow start-ups to sell stakes in their companies to the… Read More

February 27, 2013 @ 8:19 am By Business2Community  |  

What’s eating the SEC? The SEC’s delay of the Jumpstart Our Business Startups Act (or JOBS Act) is unconscionable and a major obstacle for small businesses and lean start-ups in search of alternatives to the strict terms of banks. How long must we wait for the regulations… Read More

February 27, 2013 @ 6:35 am By JD Alois  |  

SEC Chairman Elisse Walter states crowdfunding coming soon in a speech titled  Making the Markets Safe for Informed Risk-Taking.   As part of the SEC Speaks series of presentations the comment was just a portion of the speech which you may view in its entirety here. Companies… Read More

February 26, 2013 @ 2:33 am By Andrew Stephenson  |  

On Friday at the “SEC Speaks” conference, Securities and Exchange Commissioner Troy Paredes observed that the information companies disclose to investors leads to “disclosure overload” that hampers the ability of investors to gauge the importance of the data.  Commissioner Paredes went on to say “what we need… Read More

February 26, 2013 @ 2:27 am By Steven Overly  |  

The Securities and Exchange Commission has yet to introduce regulatory guidelines for equity-based crowdfunding, but that hasn’t stopped some of the region’s venture capitalists from contemplating how it might impact their business. Crowdfunding allows entrepreneurs to collect small sums of money via the Internet from everyday… Read More

February 24, 2013 @ 12:16 pm By InvestmentNews  |  

About a dozen crowdfunding and venture capital representatives and small-business advocates last Tuesday urged Securities and Exchange Commission Chairman Elisse Walter to propose rules for crowdfunding.  A type of financing that lets small investors buy equity or debt in startups over the Internet, crowd funding… Read More

February 23, 2013 @ 8:45 am By Chicago Tribune  |  

Crowd funding is widely seen as a revolutionary idea. A 2012 federal law known as the JOBS Act opens the door to allowing small, privately owned businesses to market ownership stakes in their ventures to people over the Internet. Companies will be able to sell… Read More

February 22, 2013 @ 6:35 pm By WSJ.com  |  

The Securities and Exchange Commission is working to propose rules “as soon as possible” on crowdfunding that would allow small companies to raise up to $1 million in funds from investors over the Internet, but the rules will likely include new types of investor limits… 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 20, 2013 @ 8:35 am By Mark Schoeff Jr  |  

About a dozen crowd funding and venture capital representatives and small-business advocates on Tuesday urged Securities and Exchange Commission Chairman Elisse Walter to propose rules for crowd funding. A type of financing that lets small investors buy equity or debt in startups over the Internet,… Read More

February 19, 2013 @ 3:33 pm By Chance Barnett  |  

Crowdfunding has the potential to provide new funding options for small businesses and stimulate job growth, and yet the S.E.C. has stalled on crowdfunding Rulings. Other countries are off and running with equity crowdfunding, such as the United Kingdom, Australia, Sweden, Norway and Finland. Why… Read More

February 19, 2013 @ 11:25 am By Charles Luzar  |  

After today’s press conference at the National Press Club one thing is clear. Crowdfunding industry stakeholders want movement toward implementation of the JOBS Act and they want it soon. SoMoLend CEO Candace Klein spoke to a concern that tumult in the SEC’s leadership could delay… Read More

February 14, 2013 @ 3:18 pm By JD Alois  |  

There was an interesting submission for comments regarding crowdfunding with the SEC.  This was posted by a Securities Attorney, Paul W. Richter.  He specifically mentions microcap finance and urges the SEC to “stop it’s delaying tactics”.  The entire missive is posted below: Subject: File No…. Read More

February 13, 2013 @ 7:17 pm By InnovationTrail  |  

Startup businesses in upstate New York, a region that sometimes struggles to attract big investors, are anxiously awaiting permission to begin soliciting funding from a new type of investor. The Jumpstart our Business Start-up – or JOBS – Act, passed last year by Congress, allows… Read More

February 13, 2013 @ 7:01 am By JD Alois  |  

It used to be that stock transactions were a laborious task.  Phone calls were made, account verifications were processed, confirmations were mailed and summarily filed away.  The advent of internet based stock trading was a natural and exciting evolution of  investing in equities.  No longer… Read More

February 9, 2013 @ 3:51 pm By CrowdCheck  |  

Crowdfunding offers the ability for early-stage companies to seek investments from friends and neighbors in their social networks, fellow alumni, and others who have similar affinities.  These connections may help reduce fraud that comes in the form of outright theft from investors.  But selling securities… Read More