Monthly Archives: September 2013

SEC Shutdown Status

The SEC will remain open in the event the federal government undergoes a lapse in appropriations on October 1. Any changes to the SEC’s operational status after October 1 will be announced on the SEC website. However, if there is … Continue reading

Posted in Congress, Crowd Fund Act, Crowd Fund Act of 2012, Crowd Funding At the Margins, Crowd Funding Platforms, FINRA, Funding Portals, Investments, Jobs, Legislative Intent, SEC, Small Business, Wall Street | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

Crowdfunders Should Remember To Note Risks

Just because advertising is now permitted for certain private placements, that doesn’t mean that crowdfunding companies should forget about their disclosure obligations. The Wall Street Journal has produced a graphic that provides interesting stats on startups. For example, when thinking … Continue reading

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, Legislative Intent, SEC, Small Business, Venture Capital, Wall Street | Tagged , , , , , , , , , , , , , , , , , , , , , | Leave a comment

Are Crowdfunding Portals A Good Investment?

Can you make money as a crowdfunding portal? Google seems to think so. “Fortune has learned that AngelList recently raised around $24 million at a valuation in the $150 million range. Atlas Venture and Google Ventures helped lead the round, … Continue reading

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, Venture Capital, Wall Street | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

SEC Ramping Up Investor Education

In the wake of the recent flood of private placement advertisements (and more to come for sure), the SEC has published two investor advisories. One, titled “Advertising for Unregistered Securities Offerings,” discusses advertising, the definition of private placements and how … Continue reading

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 | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

Crowdfunders Pre-Filing With SEC

Crowdfunding companies that are advertising under recently amended SEC rules are making early Form D filings with the SEC even though the proposed regulations requiring pre-filing are not yet effective. Reasons given are: to be cautious, to reach as many … Continue reading

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, States, Venture Capital, Wall Street | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | 1 Comment

The Crowdfunding Floodgates Open

With the amendment to Reg D permitting companies to advertise to the public their private placements, Angel List has opened its doors and now has 1,360 companies on their open website asking for money. It also advertises investing “syndicates” led … Continue reading

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, Venture Capital, Wall Street | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

First Crowdfunding Advertisement Appears at 12:01AM

Like proud parents that announce the birth of their child at the stroke of midnight on the New Year, Issuworks appears to be the first company to take part in the advertising for their private placement by having their press … Continue reading

Posted in Broker dealers, Congress, Crowd Fund Act, Crowd Fund Act of 2012, Crowd Funding At the Margins, Crowd Funding Platforms, FINRA, Funding Portals, Investments, Jobs, Legislative Intent, SEC, Small Business, Venture Capital, Wall Street | Tagged , , , , , , , , , , , , , , , , , , , , | Leave a comment