Tag Archives: Michigan

Crowdfunding Regulated At Local Level

Charity crowdfunding is now being regulated by none other than the Naugaunee Public Schools Board of Education. Where is Naugaunee? It’s is a city in Marquette County, Michigan, with a population of ~4,568. The NPSBE dictate says that any teacher … Continue reading

Posted in accredited investor, Charity, checkbook, Congress, Crowd Fund Act, Crowd Fund Act of 2012, Crowd Funding At the Margins, Crowd Funding Platforms, Investments, Jobs, review, SEC, Small Business | Tagged , , , , , , , , , , , , , , , , , , | Leave a comment

Single State Secondary Markets – Too Small?

Michigan has become the fourth state to permit intra-state crowdfunding of up to $2 million and is considering an intra-state stock exchange to create liquidity for those investors. However, a mini-market for a small number of shares will likely not … 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, States, Wall Street | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

Michigan to Phone It In

The Michigan Department of Licensing and Regulatory Affairs recently published its “Issuing and Investing in Securities through Crowdfunding: Frequently Asked Questions.” The FAQs are interesting for a number of reasons, one of which is the way the State has delineated … Continue reading

Posted in Crowd Fund Act, Crowd Fund Act of 2012, Crowd Funding At the Margins, Funding Portals, Investments, SEC, Small Business, States | Tagged , , , , , , , , , , , | Leave a comment