Tag Archives: banks

Newest U.S. Industry May Get a Boost By June 30

The Drug Enforcement Agency sent a letter to US Senators sponsoring a re-scheduling bill stating that the DEA has received the Food and Drug Administration’s recommendation and plans to provide its view on whether marijuana should be taken off Schedule … Continue reading

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

Get a Call From the SEC? It’s a Scam!

Have you received a call from the Securities and Exchange Commission ? If so, it’s a scam. In defense of this rash of telephone fraud, the SEC has issued an Investor Advisory. It says that “the SEC will never¬†endorse investment … Continue reading

Posted in accredited investor, checkbook, Congress, Crowd Fund Act, Crowd Fund Act of 2012, Crowd Funding At the Margins, Crowd Funding Platforms, fraud, Funding Portals, Investments, SEC, Small Business, Wall Street | Tagged , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

Big Banks Really Did Abandon Small Business

So, we weren’t imaging it. The Wall Street Journal reports that the 10 largest banks providing loans of $1 Milllion or more (ie, small business loans) cut their lending by 38% from 2006 to 2014. This has opened the door … Continue reading

Posted in Banking, Banks, CFPB, Consumer Financial Protection Bureau, Crowd Fund Act, Crowd Fund Act of 2012, Crowd Funding At the Margins, Crowd Funding Platforms, Department of the Treasury, Dodd Frank, Film, Funding Portals, Jobs, SEC, Small Business, Uncategorized, Venture Capital, Wall Street | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

Best and Worst States for Business?

Website surveys are a lot like political polls. Opinions. GOBankingRates conducted a study that looked at the startup opportunities, existing small businesses, business tax climate and other factors in each of the 50 states and ranked the states, as follows: … Continue reading

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Crowdfunding Portals Beware!

Because 88% of SEC tested broker-dealers and 74% of investment advisers have experienced cyber attacks, the head of the Securities and Exchange Commission’s Division of Enforcement is telling financial institutions that a cyber breach may also result in a violation … Continue reading

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Who Needs Banks?

Has the banking industry figured it out? Disintermediation is rampant now. Huffington Post’s recent article discusses the many ways you can now get financing without begging your branch manager. The list includes: private lenders, including retailers like Staples; of course, … Continue reading

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