Tag Archives: proposed 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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SEC Coy on Timing of Final Crowdfunding Rules

Yesterday, the head of the Securities and Exchange Commission’s Division of Corporation Finance gave testimony to the House Committee on Financial Services Subcommittee on Capital Markets and Government Sponsored Enterprises with respect to the SEC’s progress on finalizing the rules … 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

Today’s Crowdfunding Webinar

Crowd-Funding” in Business Ventures: Raising Capital from the Public – 1 CLE hour https://m360.atlantabar.org/event.aspx?eventID=99402&instance=0 “Crowd-funding” is an innovation under securities law that allows companies to raise capital from small investors using certain online platforms. Companies are able to raise capital from … Continue reading

Posted in Broker dealers, Charity, 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, Tax, Venture Capital, Wall Street | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

FINRA Releases Proposed Funding Portal Rules

FINRA released proposed new funding portal rules for non-broker/dealer websites that want to offer crowd funding deals under the proposed SEC crowd funding rules that were issued yesterday. The rules cover applications for FINRA membership, changes in control, the requirement … 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

SEC Tells Crowdfunding Funds “We’re Watching You”

The SEC’s head of the Division of Investment Management recently issued a warning to hedge funds and investment advisers (that could apply to other crowdfunders) that: (i) untrue statements in advertisements is prohibited; (ii) there should be policies and procedures … Continue reading

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Congressional Pushback on Ad Rule Proposals

The Chairman of the House Subcommittee on Oversight and Investigations, Rep. Patrick McHenry (R-NC) and Scott Garrett, Chairman of the House Subcommittee on Capital Markets and Government Sponsored Entities (R-NJ) recently sent a letter to Mary Jo White, the Chairman … Continue reading

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A Gentle Push from Congress

Congress has apparently now also come to the conclusion that the SEC will not have Crowd Funding regulations published by the statutory deadline of December 31st. See the bi-partisan letter to departing Chairman Schapiro urging at least the issuance of … Continue reading

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