Tag Archives: offerings

SEC Evolving On Bitcoin

It appears that the Securities and Exchange Commission’s view of crypto-currencies is “evolving.” It is now apparently distinguishing between what it deems to be securities offerings (i.e., initial coin offerings) and tokens that are supposedly “assets.” In a recent speech, … Continue reading

Posted in accredited investor, balance, Banking, Banks, Broker dealers, CFTC, Congress, Crowd Fund Act, Crowd Fund Act of 2012, Crowd Funding At the Margins, Crowd Funding Platforms, Investments, Jobs, Legislative Intent, SEC, technology, Uncategorized, VC, Venture Capital, Wall Street | Tagged , , , , , , , , , , , , , , , , | Leave a comment

PBS Newshour: Current State of Crowdfunding

In a fairly complete and balanced segment, PBS Newshour gets the current state of crowdfunding mostly right. See it here: http://www.pbs.org/newshour/bb/crowdfunding-update/

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

Crowdfund Up to $2 Million Soon In DC

The D.C. Department of Insurance, Securities and Banking today issued proposed rulemaking that seeks to facilitate crowdfunding-type investments and encourage capital raising opportunities by D.C. residents for D.C.-based small businesses. To qualify for the exemption, the business must be organized … 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 | Tagged , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

Final Crowd Fund Act Rules Coming – When?

The SEC’s regulatory agenda has now stated that final rules governing the offer and sale of securities through Crowdfunding under (new) Section 4(a)(6) of the Securities Act of 1933 will be published on “10/00/2014.” Meaning: Sometime before October 1? Sometime … Continue reading

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State/Federal Crowdfunding Clash Averted

With several states now permitting equity crowdfunding within their borders, the question has arisen if using the Internet to solicit purchasers would run afoul of the federal securities laws? Sec. 3(a)(11) and Rule 147 of the Securities Act of 1933 … 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, States | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

Commenters Complain About Crowdfunding Costs

As the comment period for the Crowdfunding rules has closed, it appears that the biggest concern of the commenters is the cost to initiate a crowdfunding campaign. In particular, the requirement of audited financial statements, that could, per the SEC, … 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

Nasdaq Wants In On Crowdfunding Market

In order to get a handle on the new private equity trading markets now being made popular by crowdfunding under Regulation D, the Nasdaq has announced that it will be accelerating the opening of its new trading platform called the … 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, Legislative Intent, SEC, Small Business, Venture Capital, Wall Street | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment