White In; Crowdfunding to be Done, But Done Right

The U.S. Senate yesterday, by unanimous consent, confirmed Mary Jo White as the new Chairman of the U.S. Securities and Exchange Commission. She will be sworn in on Friday. The Washington Post reported that “Sen. Mark R. Warner (D-Va.) told a gathering of entrepreneurs and investors that he has spoken to White about pushing the SEC to move on a “crowdfunding” regulation that would allow start-ups to raise small sums of money from individual investors via the Internet. “We’ve got to get the regulation out,” Warner said.” White pledged to get the rules done, but done right.

http://www.washingtonpost.com/business/economy/mary-jo-white-confirmed-as-sec-chief/2013/04/08/51604298-a099-11e2-82bc-511538ae90a4_story.html

About JeffKoeppel

I am a corporate/securities attorney in the Washington, DC area. Prior to joining the firm, I was a Senior Attorney Advisor in the Division of Corporation Finance at the U.S. Securities and Exchange Commission. I am a member of the Bars of the States of Maryland, New York and the District of Columbia. You can also follow this blog on LinkedIn at: http://www.linkedin.com/pub/jeffrey-a-koeppel/0/63/5a9
This entry was posted in Broker dealers, Congress, Crowd Fund Act, Crowd Fund Act of 2012, Crowd Funding At the Margins, Crowd Funding Platforms, Film, FINRA, Funding Portals, Investments, Jobs, Legislative Intent, SEC, Small Business, Wall Street and tagged , , , , , , , , , , , , , , , , , , , , , , , , , . Bookmark the permalink.

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