Tag Archives: new rules

SEC Proposes New Rules Under The JOBS Act

The SEC issued proposed new rules under the JOBS Act to, inter alia: change the registration/deregistration requirements under the Securities Exchange Act of 1934, determine who is an “accredited investor” as of the last day of the fiscal year for … Continue reading

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New Crowdfunding Rules Sow Confusion

The Wall Street Journal is reporting today that, notwithstanding the SEC’s formal and informal guidance on using Rule 506(c), that permits advertising for private placements so long as all investors are “accredited,” there is general confusion about how to comply … 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, Venture Capital, Wall Street | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

Foreshadowing?

The Wall Street Journal reported today: “The Securities and Exchange Commission is set Wednesday to propose allowing hedge funds and other businesses to mass market certain private stock offerings without restricting the advertising or spelling out how businesses must verify … Continue reading

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Cool it!

While the excitement for the Crowd Fund Act is justified, it may be wise to tone down the projections, which  this week have included, for example: that crowd funding will result in a  “10% increase in new businesses and 170,000 … Continue reading

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Should a Funding Portal be Held to a Lower Standard?

Since the Crowd Fund Act requires that funding portals register with a self regulatory organization (such as FINRA), will the portals be held to the standards set for broker/dealers, such as, among others, the obligation to conduct a “reasonable investigation” … Continue reading

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