Tagged: securities and exchange commission

October 8, 2015 @ 1:02 pm By Jor Law  |  

For years, most capital raises conducted by private companies have primarily relied on Regulation D as an exemption from compliance with certain burdensome securities laws.  In particular, most offerings were conducted under what was known as Rule 506 under Regulation D.  Those offerings, which have… Read More

August 19, 2015 @ 5:00 pm By Charles Kaufman and Jor Law  |  

If your company has decided to take advantage of the new avenues for reaching investors under Regulation A, the biggest task you face will be preparing an offering statement that includes mandatory disclosures about the offering and the offeror, and obtaining Securities and Exchange Commission… Read More

July 8, 2015 @ 2:38 pm By JD Alois  |  

The Securities and Exchange Commission only recently finalized rules on Title IV of the JOBS Act, commonly referred to as Regulation A+.  While old Regulation A has been around for quite some time, few utilized the exemption as it was encumbered with costly, and time… Read More

June 22, 2015 @ 7:30 am By Samuel Guzik  |  

And Regulation A+’s Forgotten Crowdfunding Cousin Quietly Comes to Life in Congress Some History Lessons Though some may quibble over the details, June 19, 2015, was an historic day in U.S. regulatory history, at least as far as raising capital for small businesses is concerned… Read More

June 8, 2015 @ 10:47 am By JD Alois  |  

The Securities and Exchange Commission is celebrating 81 years of guiding financial markets this month. While there have been more than a few ups and downs since the ’34 Act that created the SEC (on June 6th), their mission remains true in guarding investors and… 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

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

March 20, 2015 @ 6:36 pm By JD Alois  |  

The Securities and Exchange Commission has announced an open meeting to be held on Wednesday, March 25th, to consider whether to adopt rules and forms related to the offer and sale of securities pursuant to Section 3(b) of the Securities Act of 1933 to implement… Read More

March 16, 2015 @ 5:55 pm By JD Alois  |  

Crowdfund Insider Senior Contributor, Sam Guzik, joined David Weild, former Vice Chair of Nasdaq, in a presentation last week on current issues regarding capital formation for SME’s. The discussion reviewed Title IV of the JOBS  Act (Regulation A+), the need for venture exchanges for secondary transactions… Read More

January 1, 2015 @ 2:07 pm By JD Alois  |  

The Securities and Exchange Commission has compiled a list of their most viewed stories for 2014.  As you may guess the list is rather heavy on enforcement.  The SEC dedicates considerable resources tracking down crooks and fraudsters.  The SEC may bring a variety of administrative… Read More

December 3, 2014 @ 9:32 am By Samuel Guzik  |  

It could have been the kickoff of a grand political campaign – a slogan that would be proud to adorn a bumper sticker for the most ambitious of politicians – and a sound byte that would be sure to grab the next day’s headlines in… Read More

November 29, 2014 @ 1:58 pm By JD Alois  |  

The week of November 17th should be officially designated “SME Regulatory Week” due to the number of events that occurred in our nation’s Capitol over several days.  The primary draw was the SEC Government-Business Forum on Small Business Capital Formation. In contrast to past years,… Read More

November 28, 2014 @ 7:32 am By Kim Wales  |  

The 2014 Securities and Exchange Commission Government-Business Forum on Small Business Capital Formation ensued on November 20, 2014 at the SEC headquarters in Washington, D.C. In usual form, since the signing of the Jumpstart Our Business Startups Act (JOBS Act), the crowd (attorney’s, issuers, intermediaries, regulators, investors,… Read More

November 26, 2014 @ 8:00 am By Anthony Zeoli  |  

  Last week I had the opportunity to attend the 2014 Government-Business Forum on Small Business Capital Formation in Washington D.C. where Commissioner Daniel M. Gallagher gave his opening remarks after the first panel. In what I can only refer to as a “mic drop”… Read More

November 19, 2014 @ 9:15 am By Richard Swart  |  

  In my May 2014 article, “The Bell Tolls for Title III”, I laid out the reasons why it was highly unlikely that the SEC would issue Title III rules before the November elections and predicted that should the Senate flip to Republican control, we… Read More

November 17, 2014 @ 11:08 am By Joe Wallin & Dan Lear  |  

My friend Dan Lear and I wrote the attached letter to Congress to try to encapsulate in one place our various public policy suggestions to help startups. What you will find in the letter are 13 very specific and detailed public policy initiatives that Congress… Read More

October 29, 2014 @ 3:00 pm By JD Alois  |  

DJ Paul, CFIRA Co-Chair and CSO of Propellr, has been appointed by SEC Chair Mary Jo White to become a member of the SEC Advisory Committee on Small & Emerging Companies for a term that begins immediately.  The SEC established this committee in 2011 as… Read More

October 29, 2014 @ 9:41 am By JD Alois  |  

Meanwhile the SEC Stalls on Pushing Forward to Facilitate Title III & Title IV Crowdfunding. The Financial Conduct Authority (FCA), the UK regulatory body similar to the SEC, has announced the opening of their Innovation Hub as they embrace change and creativity in financial services…. Read More

October 19, 2014 @ 11:20 am By JD Alois  |  

The Securities and Exchange Commission not only spends a lot of time creating rules they also hit the streets and enforce them.  Monolithic and ill thought out legislation such as Dodd-Frank create an almost never ending list of new rules adding complexity and inertia to… Read More