Category Archives: Dodd Frank

SEC Increases Maximum Amount To Be Raised In Crowdfunding

The Securities and Exchange Commission yesterday announced that it has adopted amendments to increase the amount of money companies can raise through crowdfunding to adjust for inflation. Now, the maximum aggregate amount an issuer can sell under Regulation Crowdfunding in … Continue reading

Posted in accredited investor, checkbook, Congress, Crowd Fund Act, Crowd Fund Act of 2012, Crowd Funding At the Margins, Crowd Funding Platforms, Dodd Frank, Film, Funding Portals, Investments, Jobs, Legislative Intent, SEC, Small Business, VC, Venture Capital, Wall Street | Tagged , , , , , , , , , , , , , , , , , , , , | Leave a comment

Crowdfunder Wants To “Buy” Senator Toomey’s Vote

An adjunct community college professor in Pennsylvania is crowdfunding to “buy” Senator Pat Toomey’s vote against Education Secretary DeVos. Being fed up with what she sees as corruption in Congress, Katherine Fritz, started a GoFundMe campaign hoping to raise more … Continue reading

Posted in balance, checkbook, Congress, Crowd Funding At the Margins, Crowd Funding Platforms, discrepancies, Dodd Frank, Legislative Intent, review, SEC | Tagged , , , , , , , , , , , , , , , , , , , | Leave a comment

Look For A Different Focus At The SEC

The PEOTUS’ pick for the chairman of the Securities and Exchange Commission, Jay Clayton, has deep ties to protecting Wall Street as a partner at the white shoe law firm Sullivan & Cromwell. He has written that “zealous enforcement of … Continue reading

Posted in accredited investor, Crowd Fund Act, Crowd Fund Act of 2012, Crowd Funding At the Margins, Dodd Frank, Funding Portals, Investments, Jobs, Legislative Intent, review, SEC, Small Business | Tagged , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

Pros Say Crowdfunding About To Crash

Certain finance professionals in the UK believe that crowdfunding lending is “a car crash waiting to happen.” At the Finance Professional Show in London, that lender based his conclusion on the belief that there are too many lenders who don’t … Continue reading

Posted in Congress, Crowd Fund Act, Crowd Fund Act of 2012, Crowd Funding At the Margins, Crowd Funding Platforms, Dodd Frank, Funding Portals, Investments, SEC, Small Business, technology, VC, Venture Capital, Wall Street | Tagged , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

Wall Street Attempts To Push Out Crowdfunding Lenders

Wall Street is stepping into a vacuum left by crowdfunder Lending Club by initiating a new consumer lending platform named “Marcus.” If you are invited to the party (with a code), you will be able to borrow up to $30,000 … Continue reading

Posted in Banking, Banks, Broker dealers, CFPB, checkbook, Congress, Consumer Financial Protection Bureau, Crowd Fund Act, Crowd Fund Act of 2012, Crowd Funding At the Margins, Crowd Funding Platforms, Department of the Treasury, deposits, Dodd Frank, Funding Portals, NSF, overdraft fee, penalty, SEC, Small Business, technology, VC, Venture Capital, Wall Street | Tagged , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

Court Says Bitcoin Is Not Money

What’s a bitcoin? Apparently, it’s not money, according to a Florida court that acquitted a guy on a money laundering charge. Although you can turn it into cash, the IRS says that bitcoin is actually property while the Commodities Futures … Continue reading

Posted in Banking, Banks, checkbook, Congress, Department of the Treasury, deposits, Dodd Frank, fraud, Investments, Jobs, Legislative Intent, technology, VC, Venture Capital, Wall Street | Tagged , , , , , , , , , , , , , , , , , , | Leave a comment

Crowdfunding DAO Fund Hacked

The Decentralized Autonomous Organization (DAO) raised $150 Million crowdfunding a new investment fund to finance ventures that would advance the crypto-currency Ethereum. Investors traded cash for Ethereum and got tradable DAO tokens in return, which gave them the right to … Continue reading

Posted in accredited investor, Banking, Banks, Crowd Fund Act, Crowd Fund Act of 2012, Crowd Funding At the Margins, Crowd Funding Platforms, Department of the Treasury, deposits, Dodd Frank, fraud, Funding Portals, Investments, Jobs, Legislative Intent, SEC, Small Business, technology, VC, Venture Capital, Wall Street | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment