Category Archives: FINRA

Big VCs Push SEC To Back Off

Big Venture Capital that supports crypto-currency firms have hired the major Washington, D.C. lobbyist guns to try to keep the Securities and Exchange Commission and other financial regulators off their backs. According to the Wall Street Journal, “The group wanted … Continue reading

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Brain Cancer Drug Co. Crowdfunding

New pharma company CNS Pharma is using Regulation CF to raise SAFE (Simple Agreement for Future Equity at a 16% discount to the future raise) to fund Phase II clinical studies of its drug Berubicin for the treatment of the … Continue reading

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Nasdaq To Delist Long Blockchain

Remember the iced tea company that changed its name to include “blockchain” and had its stock soar 183%? Well, Long Blockchain, formerly Long Island Iced Tea Corp. is now being delisted from Nasdaq because its stock’s market cap is below … Continue reading

Posted in accredited investor, balance, CFTC, checkbook, Crowd Fund Act, Crowd Fund Act of 2012, Crowd Funding At the Margins, Crowd Funding Platforms, FINRA, Funding Portals, review, SEC, technology, Venture Capital, Wall Street | Tagged , , , , , , , , , , , , , , , | Leave a comment

Reg. D ICO Raises $125M From Accredited Investors

Intangible Labs, Inc., a Delaware corporation organized last year, apparently conducted a private placement of Simple Agreement for Future Tokens under Rule 506(c) of Reg. D and raised  $125 million from accredited investors for its Basecoin, a stablecoin project that … Continue reading

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Observations About The First Registered ICO

Some observations about the first SEC registered Initial Coin Offering: it claims that the tokens “will be distributed as a security and are not intended to constitute a commodity” so it’s picking its regulator (SEC over the CFTC); it’s registering … Continue reading

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SEC Investigating Crypto-Currency

You were warned. The Securities and Exchange Commission has issued “dozens” of subpoenas to tech companies and their advisors in its investigation of the initial coin offering and alt coin trading markets. According to the Wall Street Journal, the main … Continue reading

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Reg. A+ Public Deals Trade Lower Than Other Public Companies

The Wall Street Journal is reporting today that small companies that go public using Regulation A+ trade lower than other public companies. “Reg A+ are trading an average 42% below their offer prices” while the “S&P has risen 18% since … Continue reading

Posted in accredited investor, balance, checkbook, 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 | Tagged , , , , , , , , , , , , , | Leave a comment