Tag Archives: payment

Israel Finds Crypto-Currency Not A “Security”

The Israel Securities Authority Committee for the Examination and Regulation of Initial Coin Offerings has ruled that ““cryptocurrencies that are designed to be used exclusively as a medium of payment, clearing, or exchange and are not limited to a specific … Continue reading

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

NDA’s Restrict Whistleblowing

See something, say something? But what if your employment agreement has a confidentiality provision? Can you still go to law enforcement? Note that many companies have corporate policies that encourage or require reporting malfeasance up the corporate ladder through the … Continue reading

Posted in Congress, Crowd Fund Act, Crowd Fund Act of 2012, Crowd Funding At the Margins, Crowd Funding Platforms, Jobs, Legislative Intent, SEC, Wall Street | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

Pay Today, Get Tomorrow – A Real Business Model

Christina Bechold writes in the Wall Street Journal about how to start a start-up: ” Ask ‘Does anyone else really want this?’ You go door-to-door. You collect data points. You figure out who your competition is. You ask your friends … Continue reading

Posted in 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

Is It Wine or A Security?

Crowdfunding can be delicious. In France, a vintner is trying to save France’s viticultural history by crowdfunding to revive 10 traditional varieties in the region that have fallen into obscurity. Frantz Venes, whose wine Domus Maximus was named the best … Continue reading

Posted in Congress, 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, Venture Capital | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

Crowdfunding Trust and Safety

Crowdfunding fraud can work in various ways. Kickstarter now has a “Trust and Safety Team” that reviews campaigns and responds to fraud complaints from donors. Many of the complaints focus on the failure to deliver rewards when promised. Delivery failure … Continue reading

Posted in Broker dealers, Congress, Crowd Fund Act, Crowd Fund Act of 2012, Crowd Funding At the Margins, Crowd Funding Platforms, Funding Portals, Investments, Jobs, Legislative Intent, SEC, States | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

Funding Portals Can Charge Commissions

The staff of the SEC has clarified that, notwithstanding Rule 401(a) that says that a funding portal may not “compensate employees, agents or other persons …based on the sale of securities displayed” on the platform,  the portals themselves may charge … 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, Venture Capital, Wall Street | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

The Ying and Yang of Crowdfunding

The ying and yang of crowdfunding says that if it can be used for good, it can also be used for bad, or at least tasteless. The internet gossip rag Gawker crowdfunded $200,000 to pay an unnamed source to hand … Continue reading

Posted in 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, Wall Street | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

Crowdfunded Film Expenses To Increase

In a blow to a long standing Hollywood tradition of not paying young men/women for their work as “production assistants,” a Federal judge yesterday ruled against 20th Century Fox and set it up for class action litigation. http://www.hollywoodreporter.com/sites/default/files/custom/Documents/fox_interns.pdf “The lawsuit was … Continue reading

Posted in Crowd Fund Act, Crowd Fund Act of 2012, Crowd Funding At the Margins, Crowd Funding Platforms, Film, Funding Portals, Investments, Jobs, Small Business, Wall Street | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment