Tag Archives: broker dealer

Court Says Securities Fraud Case on Cryptocurrency Can Move Forward

More to come as Judge Raymond Dearie in the Eastern District of New York Federal court has ruled that securities law fraud cases can be brought against promoters of cryptocurrencies. Now, the U.S. Securities and Exchange Commission’s case can move … 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, discrepancies, fraud, review, SEC, technology, VC, Venture Capital, Wall Street | Tagged , , , , , , , , , , , , , | Leave a comment

First Intra-State Crowdfunding Portal Approved

TruCrowd Florida is the first funding portal to be approved by the State of Florida to help companies crowdfund from Florida residents only. The Florida “intra-state” crowdfunding law will let entrepreneurs raise up to $1 million over a 12-month period. … Continue reading

Posted in accredited investor, 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, review, SEC, Small Business, technology, VC, Venture Capital, Wall Street | Tagged , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

Funding Portal’s Diligence Questioned

Under new Regulation Crowdfunding, a funding portal is required to deny access to its website if it has a “reasonable basis for believing that the issuer or the offering present the potential for fraud.” (A fairly subjective standard that will, … Continue reading

Posted in accredited investor, Broker dealers, Congress, Crowd Fund Act, Crowd Fund Act of 2012, Crowd Funding At the Margins, Crowd Funding Platforms, discrepancies, fine, fraud, Funding Portals, Investments, Jobs, Legislative Intent, review, SEC, Small Business, States, technology, VC, Venture Capital, Wall Street | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

Real Crowdfunding Starts Today!

Today is the day that will change the way small businesses raise equity capital in the United States. For that’s the day that the Securities and Exchange Commission’s crowdfunding rules go into effect, allowing entrepreneurs to raise money from every … Continue reading

Posted in accredited investor, Charity, Congress, Crowd Fund Act, Crowd Fund Act of 2012, Crowd Funding At the Margins, Crowd Funding Platforms, Dodd Frank, Film, FINRA, fraud, Funding Portals, Investments, Jobs, Legislative Intent, review, SEC, Small Business, technology, VC, Venture Capital, Wall Street | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | 1 Comment

Democratizing IPOs With Crowdfunding

Is capitalism undemocratic? When was the last time you got to participate in a hot IPO? Seeing this divide, the London Stock Exchange has made a crowdfunding platform an exchange member to allow small investors get in on initial public … Continue reading

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

Regulation Crowdfunding Meant to Prevent It?

The Wall Street Journal’s Christopher Mims opines that some believe that the Securities and Exchange Commission’s crowdfunding regulations are meant to prevent crowdfunding. Rules that limit the total annual investment by an individual, that require companies to register under Section … Continue reading

Posted in Congress, Crowd Fund Act, Crowd Fund Act of 2012, Crowd Funding At the Margins, Crowd Funding Platforms, FINRA, fraud, Funding Portals, Legislative Intent, SEC, Small Business, Uncategorized, VC, Venture Capital, Wall Street | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

SEC Looking at “Accredited Investor” Qualifications

Securities and Exchange Commission Chairman Mary Jo White testified before the House Committee on Financial Services last week, stating that the SEC is now involved in a comprehensive review as to “whether to change the definition of accredited investor, including … Continue reading

Posted in Crowd Fund Act, Crowd Fund Act of 2012, Crowd Funding At the Margins, Crowd Funding Platforms, Dodd Frank, FINRA, fraud, Investments, Legislative Intent, SEC, Small Business, Uncategorized, VC, Venture Capital | Tagged , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment