Tag Archives: fines

Pirates’ Crowdfunding Shot Down

A bizarre crowdfunding campaign on GoFundMe was apparently taken down for alleged fraud. Administrators of KickAss Torrents, a website devoted to permitting fans to illegally copy and download music and movies that was shut down by Homeland Security in July … Continue reading

Posted in accredited investor, Crowd Fund Act, Crowd Fund Act of 2012, Crowd Funding At the Margins, Crowd Funding Platforms, discrepancies, fine, fraud, Funding Portals, Investments, SEC, technology, VC, Venture Capital, Wall Street | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

The Cop Is On the Beat

The SEC’s Enforcement Division released its stats for its 2014 fiscal year, noting its use of “data and analytical tools.” Highlighting their “successful” year, the Division “filed a record 755 enforcement actions covering a wide range of misconduct, and obtained … 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

SEC Enforcement Activity High in 2013

Watch out, badboys, the SEC is on the beat. In its annual report, the SEC noted that it filed 686 enforcement actions in fiscal year ended September 30, 2013, grabbing $3.4 billion in disgorgement and penalties, a result that is … 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, SEC, Wall Street | Tagged , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

A New JOBS Act Job – Whistleblower

The crowdfunding public is already pretty vigilant, with a few high profile frauds having been sniffed out. But when the crowdfunding regs get published, a new profession may appear, that of the whistle blower. The SEC actually has an Office … Continue reading

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