SEC Reports On Regulation CF Crowdfunding Results So Far

The Securities and Exchange Commission’s Division of Economic and Risk Analysis issued its report on whether the post financial crisis legislation (Dodd Frank, Volcker Rule, etc.) has had a deleterious effect on the financial markets. It said NO.

With respect to crowdfunding DERA reported that: “(B)etween May 16, 2016, and December 31, 2016, excluding 24 withdrawn offerings and potential duplicate filings, there were 163 unique offerings by 156 issuers (including 7 issuers that filed for more than one crowdfunding offering)”

The average offering targeted $110,000 and the average amount raised was $290,000; equity was raised in 36% and debt in 20% of the offerings with hybrids in the rest.
https://www.sec.gov/files/access-to-capital-and-market-liquidity-study-dera-2017.pdf

Advertisements

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 accredited investor, Congress, Crowd Fund Act, Crowd Fund Act of 2012, Crowd Funding At the Margins, Crowd Funding Platforms, Funding Portals, Investments, Jobs, Legislative Intent, SEC, Small Business, technology, VC, Venture Capital, Wall Street and tagged , , , , , , , , , , , , , , , , , , , . Bookmark the permalink.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s