Tag Archives: CFPB

House Finance Committee Passes 11 JOBS Act Related Bills

The U. S. House of Representatives Financial Services Committee passed 11 bills late last week “to enhance capital formation for small and emerging growth companies and provide regulatory relief for community financial institutions.” The Committee’s website summarizes the bills as … Continue reading

Posted in Broker dealers, 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, Venture Capital | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

Washington State Sues Crowdfunder

Washington State’s Attorney General filed a lawsuit against a crowdfunder who raised over $25,000 from 810 backers on Kickstarter and failed to deliver the promised product for more than 16 months. The AG calls this “crowdfunding theft.” In other words, … Continue reading

Posted in Congress, Crowd Fund Act, Crowd Fund Act of 2012, Crowd Funding At the Margins, Crowd Funding Platforms, Film, FINRA, Funding Portals, Investments, Jobs, Legislative Intent, SEC, Small Business | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment