Tag Archives: investment bank

Crowdfunding Site Lures Goldman Sachs Banker

What’s your next career option after 10 years as a high income investment banker at Deutsche Bank and Goldman Sachs? It’s crowdfunding, of course. Natacha Tannous has just (in Variety speak) ankled Goldman to go work for sports crowdfunding site … Continue reading

Posted in accredited investor, Banking, checkbook, Crowd Fund Act, Crowd Fund Act of 2012, Crowd Funding At the Margins, Crowd Funding Platforms, Funding Portals, Investments, Jobs, Legislative Intent, SEC, Small Business, technology | Tagged , , , , , , , , , , , , , , , , | Leave a comment

Fund Adviser Mans Up And Pays Out

Being honest with your shareholders is an important facet of being an investor owned entity. T. Rowe Price manned up by admitting their clerical error and paying out ~$194 million. TRP, a large mutual fund manager, was against the going-private … Continue reading

Posted in Banking, Congress, discrepancies, fraud, Investments, Jobs, Legislative Intent, review, SEC, technology | Tagged , , , , , , , , , , , , , , , , | Leave a comment

Finders Relief Recommended

While Securities and Exchange Commission Chairman Mary Jo  White noted that crowdfunding rules are coming soon, more interesting was the recommendations from the Advisory Committee on Small and Emerging Companies that the SEC “exempt intermediaries that are actively involved in … Continue reading

Posted in Uncategorized | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

Bringing “Bad Boy” Waivers Into the Light

Rep. Maxine Waters (D-CA) is talking about introducing a bill that would crack down on SEC’s “bad boy” waivers that have been handed out to the money center banks recently. The proposed legislation is apparently going to make waiver requests, … Continue reading

Posted in Uncategorized | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

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 SEC 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

Investment Bankers Neutral on Crowd Funding

BDO USA,  a national accounting firm, perceives that crowd funding would enable companies to postpone doing an IPO by having the ability to raise capital in a (form of) public offering of up to $1 million. However, based on BDO’s … 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

Where Are the Brokers?

A recent survey by BDO USA indicates that investment bankers think that the JOBS Act will increase the risk of a financial scandal but will also create more IPOs. In a related story, it was reported that SEC is asking … Continue reading

Posted in Broker dealers, 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