Monthly Archives: September 2015

Would You Know A Ponzi Scheme?

The SEC has continually warned investors about Ponzi schemes. A Ponzi scheme is defined as ” an investment fraud that involves the payment of purported returns to existing investors from funds contributed by new investors. Ponzi scheme organizers often solicit … Continue reading

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Trust Congress To Do the Right Thing?

Although the Senate passed a continuing resolution yesterday, the SEC is taking no chances with this notice: “The SEC will remain open and operational in the event the federal government undergoes a lapse in appropriations on October 1. Any changes … Continue reading

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Finders Relief Recommended

While Securities and Exchange Commission Chairman Mary Jo  White noted that crowdfunding rules are coming soon, more interesting was the recommendations from the Advisory Committee on Small and Emerging Companies that the SEC “exempt intermediaries that are actively involved in … Continue reading

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Crowdfunding To Boost Women in Film

In an effort to boost female filmmakers, Variety reports that three famous producers (Cassian Elwes (“Dallas Buyers Club”), Lynette Howell (“Mississippi Grind”) and Christine Vachon (“Carol”)) have started a crowdfunding campaign for the Horizons Award that will sponsor two young … Continue reading

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Socialists Become Angels

The newest entrant into the seed capital marketplace are the Israeli kibbutzes who are now investing in startups. It’s estimated that each of the 270 kibbutzes has “10 million to 20 million shekels ($2.7 million to $5.4 million) to invest … Continue reading

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Kickstarter’s New Charter – No IPO?

Does the re-incorporation of Kickstarter as a public benefit corporation focusing on liberal causes telegraph to the investing public that it will not ever go public? Kickstarter announced that it has become a public benefit corporation. Under Delaware law, a … Continue reading

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Did You Know That a Bitcoin Is a Commodity?

Neither did Derivabit until it was heard from the Commodity Futures Trading Commission in the form of a cease and desist order. Derivabit operated an online facility, offering to connect buyers and sellers of Bitcoin option contracts. According to the … Continue reading

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