Tag Archives: Commissioner

Are Some Bad Actors More Equal Than Others?

Are some bad actors more worthy than others? Criminal and civil sanctions can bar banks from certain activities, including participating in the private capital markets. Securities and Exchange Commissioner Kara Stein thought so last year when the SECĀ gave a waiver … Continue reading

Posted in Banking, Broker dealers, Congress, Crowd Fund Act, Crowd Fund Act of 2012, Funding Portals, Investments, Jobs, Legislative Intent, SEC, Wall Street | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

Bad Actor Exemption For Citibank

Under last year’s regulation, if your firm is hit with an SEC cease and desist order, you become a “bad actor” and cannot be involved in sales of private placements or hedge funds under Regulation D. If your firm paid … 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, Wall Street | Tagged , , , , , , , , , , , , , , , , , , | Leave a comment

Is SEC Slacking Off on Punishments?

Is the former prosecutor chairing the SEC too easy on financial book cookers? That’s the claim of Commissioner Luis Aguilar, who, said that he’s concerned that corporate execs are getting off too easily. For example, in the case of Affiliated … Continue reading

Posted in 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, Wall Street | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

Why No Crowd Funding Regs?

Although it’s being officially denied, high level personnel turnover at the SEC may have some or a significant influence on why the Commission has not yet issued crowd funding regulations (in September, they will be 9 months late). The Wall … 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, Jobs, Legislative Intent, SEC, Small Business, Wall Street | Tagged , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

Will White Tackle Crowdfunding?

SEC Head Mary Jo White appears to be moving forward with finalizing regulations left undone by former chiefs Mary Schapiro and Elisse Walter. The Washington Post reports that yesterday, White appointed Keith Higgins of Ropes & Gray to head the … 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, Wall Street | Tagged , , , , , , , , , , , , , , , , , | Leave a comment

Coming Soon ?

The crowdfunding regulations are a “top priority” for the SEC and the staff is “busily working” on getting proposed regs to the Commissioners according to a recent WSJ report. In a hint on what is coming, a staff member indicated … Continue reading

Posted in Broker dealers, Congress, Crowd Fund Act, Crowd Fund Act of 2012, Crowd Funding At the Margins, FINRA, Funding Portals, Investments, Legislative Intent, SEC, Small Business, Wall Street | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

Rumor Central:

The Obama Administration is floating former federal prosecutor Mary Jo White as the possible head of the SEC. Her views on crowd funding are unknown at this time. http://lnkd.in/DvWqca

Posted in Congress, Crowd Fund Act, Crowd Fund Act of 2012, Crowd Funding At the Margins, Film, Funding Portals, Investments, Jobs, SEC, Wall Street | Tagged , , , , , , , , , , , , , , , , , , , | Leave a comment