Category Archives: FINRA

CF Portal Now Accepting Crypto-Currency

StartEngine, a FINRA registered crowdfunding web portal, announced that it will take Bitcoin as a payment method for investing in equity offerings hosted under the Securities and Exchange Commission’s Regulation Crowd Funding. The cryptocurrency is transferred directly to the issuing … Continue reading

Posted in accredited investor, Banking, Banks, CFTC, checkbook, Consumer Financial Protection Bureau, Crowd Fund Act, Crowd Fund Act of 2012, Crowd Funding At the Margins, Crowd Funding Platforms, FINRA, Funding Portals, Investments, Jobs, Legislative Intent, SEC, technology, VC, Venture Capital, Wall Street | Tagged , , , , , , , , , , , , , , , , | Leave a comment

Do As I Do: Crowdfund

The startup that is going to tell you which crowdfunding company to invest in is crowdfunding its own start. Although backed by one of the original founders of Napster (are you old enough to remember Napster?), KingsCrowd is launching its … Continue reading

Posted in accredited investor, balance, 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, technology, VC, Venture Capital, Wall Street | Tagged , , , , , , , , , , , , | Leave a comment

Academic Study Finds Big Profits in ICOs

To misquote celebrity chef Ina Garten: “How dangerous is this?” Boston College‚Äôs Carroll School of Management recently published a study of initial coin offerings (#ICO) concluding: “We find evidence of significant ICO underpricing, with average returns of 179% from the … Continue reading

Posted in accredited investor, balance, Broker dealers, checkbook, Crowd Fund Act, Crowd Fund Act of 2012, Crowd Funding At the Margins, Crowd Funding Platforms, Department of the Treasury, FINRA, Funding Portals, Investments, Jobs, Legislative Intent, review, SEC, technology, VC, Venture Capital, Wall Street | Tagged , , , , , , , , , , , , , , , | Leave a comment

Winklevoss Bitcoin Exchange Using Nasdaq Surveillance Software

The Winklevoss Twins’ Gemini (get it?) cryptocurrency exchange is now using the Nasdaq’s SMARTS surveilance software to check for trading anomalies for Bitcoin and Ether in real time. It will also monitor the auctions that Gemini holds weekdays at 4:00 … Continue reading

Posted in accredited investor, CFTC, Congress, Crowd Fund Act, Crowd Fund Act of 2012, Crowd Funding At the Margins, Crowd Funding Platforms, FINRA, fraud, Funding Portals, Investments, Jobs, Legislative Intent, review, SEC, technology, VC, Venture Capital, Wall Street | Tagged , , , , , , , , , , , , , , , , , , , , | Leave a comment

SEC Fines Yahoo! Over Breach Omission

The Securities and Exchange Commission is serious about data breaches. Which is why it fined Altaba (formerly Yahoo!) $35 million for its failure to disclose the breach for 2 years. The SEC said that Yahoo executives knew within days that … Continue reading

Posted in accredited investor, Congress, discrepancies, fine, FINRA, fraud, Investments, Legislative Intent, penalty, review, SEC, technology, Wall Street | Tagged , , , , , , , , , , , , , , , , , , , | Leave a comment

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

Posted in accredited investor, balance, Banks, Broker dealers, checkbook, Congress, Crowd Fund Act, Crowd Fund Act of 2012, Crowd Funding At the Margins, Crowd Funding Platforms, discrepancies, FINRA, fraud, Investments, Jobs, Legislative Intent, SEC, technology, VC, Venture Capital, Wall Street | Tagged , , , , , , , , , , , , , , , , , , , | Leave a comment

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

Posted in accredited investor, 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, technology, VC, Venture Capital, Wall Street | Tagged , , , , , , , , , , , , , , , ,