Tag Archives: Mary Jo White

Mark Cuban’s Wish List For Reforming the SEC

If you recall, Mark Cuban beat an insider trading charge by the Securities and Exchange Commission last year. He’s still on the warpath against the agency. In a recent article, he set forth his wish list for SEC reforms: “When … 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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SEC Looking at “Accredited Investor” Qualifications

Securities and Exchange Commission Chairman Mary Jo White testified before the House Committee on Financial Services last week, stating that the SEC is now involved in a comprehensive review as to “whether to change the definition of accredited investor, including … Continue reading

Posted in Crowd Fund Act, Crowd Fund Act of 2012, Crowd Funding At the Margins, Crowd Funding Platforms, Dodd Frank, FINRA, fraud, Investments, Legislative Intent, SEC, Small Business, Uncategorized, VC, Venture Capital | Tagged , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

Increase In Private Placements, But Not Fraud

Over $1.3 TRILLION has been raised in private placements under Rule 506 in 2014, including those that used advertising. Chairman Mary Jo White says that the Securities and Exchange Commission has not perceived a rise in fraud although they are … Continue reading

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SEC to Vote on Crowdfunding Rules Today!

SEC to vote on real crowdfunding rules today. Under the Crowdfund Act of 2012, non-accredited investors will be able to roll the dice on startups. Watch this space for news of the SEC’s action. http://www.wsj.com/articles/sec-set-to-approve-final-rules-on-crowdfunding-1445987303

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“Bad Actor” Waivers Getting Harder to Get

After giving an investment adviser that failed to get clients’ consents for 21,000 trades a “bad boy” waiver, the Securities and Exchange Commission is now considering punishing JP Morgan. The Wall Street Journal reports that the Commission is thinking about … Continue reading

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Real Crowdfunding Rules May Come This Friday!

The SEC will hold an open meeting this coming Friday, Oct. 30, to consider whether to approve crowdfunding rules under Title III of the JOBS Act of 2012. Better late than never. http://www.sec.gov/news/openmeetings/2015/ssamtg103015.htm

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