Tag Archives: compliance

Doubts Arise About Reg. Crowd Funding

Is there trouble on the horizon for Regulation Crowd Funding companies? According to the New York Times, almost none of the companies crowdfunding under the JOBS Act are in full compliance with the law and 40% don’t have audited or … Continue reading

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

Indiegogo Starts Offering Equity Crowdfunding (At a Price)

One of the biggest rewards crowdfunding web platforms will now permit non-accredited investors to buy equity in startups posted on its site. Indiegogo, which until today, permitted its entrepreneurs to return only products and swag, will now let them offer … Continue reading

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

Listen to the Birdie

How can you make money in the stock market? Turn in a cheater. The SEC’s Office of the Whistleblower has received over 3,620 whistleblower tips, a more than 20% increase in the number of whistleblower tips in just two years. … Continue reading

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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

SEC Approves Use of Twitter

When you announce the availability of a securities offering, you become subject to the SEC’s rules on what must be included in the announcement. The required information is not all that long, but it’s much longer than 140 characters. So, … 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, Venture Capital | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

Commenters Complain About Crowdfunding Costs

As the comment period for the Crowdfunding rules has closed, it appears that the biggest concern of the commenters is the cost to initiate a crowdfunding campaign. In particular, the requirement of audited financial statements, that could, per the SEC, … Continue reading

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

FINRA Proposed Regs Require Expertise

FINRA has issued new proposed rules for non-broker/dealer funding portals. Those entities must become FINRA members in order to list security selling crowd funding issuers. The good news is that ¬†applications will generally be processed within 60 days after FINRA … 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