Tag Archives: Democrats

Crowdfunders Trying To Shame Tax Returns From The President

Although two pages from the President’s 2005 tax returns were released to the public last night, Chicagoans are crowdfunding for a 16-foot-tall inflatable rooster with a signature hair do to float on April 15, tax day. The local demonstration is … Continue reading

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Democrats Push SEC to Regulate Political Spending

The must-pass Omnibus Spending compromise includes a provision stuck in by Republicans that prohibits the Securities and Exchange Commission from using 2016 funds to regulate corporate political spending disclosures. However, a raft of Democrats have written to SEC Chair Mary … Continue reading

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Kickstarter’s New Charter – No IPO?

Does the re-incorporation of Kickstarter as a public benefit corporation focusing on liberal causes telegraph to the investing public that it will not ever go public? Kickstarter announced that it has become a public benefit corporation. Under Delaware law, a … Continue reading

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Crowdfunding A Presidential Candidacy Succeeds

Crowdfunding his way to an independent candidacy, Harvard Professor Lawrence Lessig raised $1 million on Kickstarter so he could become a “referendum candidate” in 2016. Lessig’s proposal is to get elected in order to pass his campaign reform bill, the … Continue reading

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Proof That Crowdfunding Is For Everyone

IFC has collected some of the strangest crowdfunding campaigns on record, including: crystal bacon, the world’s largest jockstrap, strap-on beards, men’s underwear with an extra (well, nevermind), the universal boop zone (what?) and soap that smells like bacon. AND THEY … Continue reading

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

Crowdfunding Curation or Censorship?

The SEC proposed crowdfunding rules don’t permit significant curation of projects. Although it’s not yet clear if sites can specialize in verticals, the rules do suggest that funding portals must take all comers. So, what happens if a site “discriminates” … 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, Uncategorized | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

Senate Neutered Crowd Fund Act

The idea of the Crowd Fund Act, Title III of the JOBS Act of 2012, was to permit small investments from unaccredited investors without requiring issuers to comply with the burdens of SEC “red tape.” Of the many bills floating … 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