Tag Archives: Elisse Walter

Obama Picks 2 New Commissioners for SEC

President Obama has made 2 appointments to the SEC: Kara Stein, a top aide to Senator Jack Reed (D-RI), to replace retiring Commissioner Elisse Walter, and Michael Piwowar, the chief Republican economist on the Senate Banking Committee, to replace Commissioner … Continue reading

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

SEC’s Trip to the Woodshed (Again)

Tomorrow, Wednesday, April 17, 2013, at 2 pm, the House Subcommittee on Oversight and Investigations will hold a hearing titled “Examining the SEC’s Failure to Implement the JOBS Act and its Impact on Economic Growth.” This hearing will examine the … Continue reading

Posted in Congress, Crowd Fund Act, Crowd Fund Act of 2012, Crowd Funding At the Margins, Crowd Funding Platforms, Film, Funding Portals, Investments, Jobs, Legislative Intent, SEC, 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

A Gentle Push from Congress

Congress has apparently now also come to the conclusion that the SEC will not have Crowd Funding regulations published by the statutory deadline of December 31st. See the bi-partisan letter to departing Chairman Schapiro urging at least the issuance of … Continue reading

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We Know We’re Late

Incoming chairman of the SEC Elisse Walter provided additional evidence that the SEC will likely not hit the Dec. 31 deadline for publishing crowd funding regulations.  “We are way behind schedule. We know that. We didn’t want to be,” she … Continue reading

Posted in Congress, Crowd Fund Act, Crowd Fund Act of 2012, Crowd Funding Platforms, FINRA, Funding Portals, Legislative Intent, SEC, Small Business, Wall Street | Tagged , , , , , , , , , , , , , , , , , | Leave a comment

No Timing Change to Crowd Funding Rules

Several commentators have suggested this morning that the  resignation today of SEC Chairman Mary Schapiro would slow the crowd funding rule making process. However, because President Obama was quick to appoint SEC Commissioner Elisse Walter to replace Ms. Schapiro, it’s … Continue reading

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