Tagged: sec

June 2, 2015 @ 10:24 am By JD Alois  |  

In an interesting speech delivered at the Exchequer Club in Washington, DC, last month, SEC Commissioner Piwowar criticized federal regulators push to expand oversight into areas overlapping with the responsibility of the SEC.  Piwowar slammed the infringement; “Make no mistake — it is the Commission, not the… Read More

May 30, 2015 @ 5:20 pm By JD Alois  |  

How time flies. The SEC is mandated by law to convene a forum on Small Business Capital Formation once a year. The practice has become an annual event that combines both hope and frustration.  The SEC is not required to act on any of the… Read More

May 29, 2015 @ 4:41 pm By Samantha Hurst  |  

Earlier this week, Indiegogo’s hardware category lead Kate Drane sat down with France’s startup blog Rude Baguette during Connected Conference to discuss crowdfunding success and the rise of equity crowdfunding. During her interview, Drane shared some advice on how project creators should form a community before campaign launch:… Read More

May 29, 2015 @ 10:58 am By JD Alois  |  

The Advisory Committee on Small and Emerging Companies (ACSEC) has scheduled its next gathering to be held at the SEC offices on June 3rd.  The announced agenda lists topics including; public company disclosure effectiveness, intrastate crowdfunding, venture exchanges, and treatment of “finders.” SEC Chair Mary Jo… Read More

May 28, 2015 @ 3:00 pm By Samantha Hurst  |  

Corporate CrowdFund (CCF) has entered into a set of strategic alliances to bring quality transfer agent and marketing services to the CCF community. Two of the most modern and respected transfer agents in the industry, ClearTrust and TransferOnline, have tailored their services to fit the needs of the Corporate… Read More

May 27, 2015 @ 9:14 am By JD Alois  |  

CFIRA and CfPA Issue Joint Statement Regarding Lawsuit Against the SEC to Block Implementation of Regulation A+, Title IV of the JOBS Act In a joint statement released today by the leadership of crowdfunding industry associations Crowdfunding Intermediary Regulatory Advocates (CFIRA) and the Crowdfunding Professional… Read More

May 26, 2015 @ 8:15 am By Samuel Guzik  |  

On the eve of the 2015 Memorial Day weekend, Massachusetts Secretary of State William Galvin set the stage for what I expect will be the final chapter in the continuing saga of what has popularly been referred to as Regulation A+,  a newly created avenue… Read More

May 22, 2015 @ 10:00 am By Erin Hobey  |  

“We are extremely excited by the possibilities of the next decade in the alternative finance market… OnDeck’s vision is to transform how money flows to small businesses by leveraging our platform to provide capital on demand for small business owners. The data flowing through a small… Read More

May 14, 2015 @ 11:21 am By JD Alois  |  

One of the most vocal advocates for small business and rational rule making is leaving the Securities and Exchange Commission.  Daniel Gallagher, an SEC Commissioner for the past four years, has reportedly told multiple people he is ready to move on after a vocal tenure… Read More

May 9, 2015 @ 8:52 am By JD Alois  |  

The Equity Market Structure Advisory Committee will be holding a public meeting next week at the SEC.  The meeting will be live streamed and available by visiting the SEC web site. The agenda is presently scheduled to address Rule 611 of SEC Regulation NMS. Regulation… Read More

May 6, 2015 @ 5:49 pm By JD Alois  |  

The SEC has approved the long awaited tick size pilot program.  The proposal by the national securities exchanges and the FINRA is for a two-year test that will widen the minimum quoting and trading increments–or tick sizes–for stocks of some smaller companies.  This pilot program will be utilized… Read More

May 6, 2015 @ 3:44 pm By Samantha Hurst  |  

Seed Equity Capital Partners, LLC, announced today that it is launching Seed Equity Venture Fund I, L.P. (the “fund”), a venture seed fund targeting $10 million to invest in early growth stage technology companies. The fund has made a filing with the SEC under Rule 506(c),… Read More

May 2, 2015 @ 9:25 am By JD Alois  |  

SEC Commissioner Kara Stein participated in the U.S. Treasury Department’s Corporate Women in Finance Symposium last week where she delivered a speech tackling creating a stronger economy and creating healthy companies.  The topic of the day was “Opportunities for Investment, Innovation, and Growth through Technology and Corporate… Read More

April 21, 2015 @ 11:39 pm By JD Alois  |  

April 15th was not only the dreaded federal tax deadline day, but it is also the date that Jackie Robinson played his first professional baseball game and the day Abe Lincoln died. It also happens to be the date (this year) that SEC Chair Mary Jo… Read More

April 16, 2015 @ 9:45 am By JD Alois  |  

In a world of growing governmental over-reach it is rare to find a regulator who wants to do less not more.  But it makes sense. Budgets are made, and funding allocated, based on predicted needs of tomorrow not the reality of last year. Legislators make rules… Read More

April 6, 2015 @ 1:14 pm By JD Alois  |  

The Investor Advisory Committee is scheduled to meet at the offices of the SEC this week on Thursday, April 9th from 9:30 a.m. until 4:00 p.m.  The meeting will be webcast on the Commission’s website. The agenda, as distributed by the SEC, is published below. Agenda: April 09, 2015,… Read More

April 1, 2015 @ 11:33 am By Josh Kalish  |  

By now, the startup world has heard the news. Finance blogs are ablaze, and twitter feeds are lighting up with word that capital just became a whole lot easier to access. Entrepreneurs from coast to coast are leaning back in their chairs, greedily steepling their… Read More

March 30, 2015 @ 12:08 pm By JD Alois  |  

We reported on Saturday that Commissioner Daniel Gallagher had visited the land of the Commodores in Nashville and delivered a piercing speech where he labeled Title III, retail crowdfunding as similar to former East Bloc Germany. While I wondered who would play the role of… Read More

March 29, 2015 @ 12:02 pm By JD Alois  |  

The Securities and Exchange Commission has put together a nice fact sheet on Title IV of the JOBS Act, commonly referred to as Regulation A+.  The final rules, available here, encompass a 450 page document sharing the process behind the decision making process.  The fact… Read More

March 28, 2015 @ 6:47 am By JD Alois  |  

SEC Commissioner Daniel Gallagher gave a speech yesterday at the Vanderbilt Law School in Nashville. While the text of the speech is not yet available, Bloomberg has quoted  the Commissioner on Title III of the JOBS Act as being smothered by red-tape.  Effectively he is highlighting… Read More