Monthly Archives: November 2013

Foreshadowing A Crowdfunding Fear

The SEC is again moving aggressively against “pump and dump” market manipulators of microcap or “penny” stocks. According to the Washington Post, the agency has opened 5-6 new enforcement cases a month, above last years’ rate, and now has full … Continue reading

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Crowdfunding Leads Good Things In The Indie Film Biz

Respected film producer Ted Hope’s recent column “30 Really Good Things In the Indie Film Biz 2013” includes a focus on crowdfunding, including: crowdfunding has caused the creation of an investor class in indie films; crowdfunding went mainstream in 2013; … Continue reading

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Crowdfunding In A Box

The cool thing about the JOBS Act is that it has unleashed incredible creativity even though the crowdfunding rules are not yet final. A year ago, there was talk among developers (and there are some up and running) about creating … 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

Crowdfunding For Distribution Rights

UPDATE:  An update to the post on Hal Hartley’s Kickstarter campaign that offered distribution rights as one of the “rewards.” Kickstarter has informed Hartley that the distribution rights qualify as an “investment” and thus violate the terms of service, causing … Continue reading

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Pros/Cons to Advertising Offering

At SEC Small Business Forum yesterday, the panel on “Evolving Practices in the New World of Regulation D Offerings” discussed how advertising and general solicitation of private placements, now permitted under Rule 506(c) of Regulation D will effect current practices. … Continue reading

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SEC Statistics Offer Insight to Crowdfunders

The SEC’s Division of Economic and Risk Analysis provided some interesting statistics in a recent proposed rule regarding Regulation D. These stats can help crowdfunders manage their, and their investors’ expectations in forthcoming capital raises. The SEC’s research found that: … Continue reading

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SEC Will Consider Expanding Who Is Accredited

In a response to the October 30 letter to Chairman Mary Jo White from Reps. Patrick McHenry (R-NC) and Scott Garrett (R-NJ), the SEC has apparently agreed to consider expanding the definition of “accredited investor” found in Rule 501(a) of … 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