Tag Archives: qualification

SEC Looking at “Accredited Investor” Qualifications

Securities and Exchange Commission Chairman Mary Jo White testified before the House Committee on Financial Services last week, stating that the SEC is now involved in a comprehensive review as to “whether to change the definition of accredited investor, including … Continue reading

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If Adjusted, Number of Accredited Investors Would Decline

Congress wants the SEC to study the definition of “accredited investor” to determine if it should be increased to adjust for inflation. The current definition (Regulation D, Rule 501) defines an individual accredited investor as one who has an income … Continue reading

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20 Crowdfunded Films at Sundance

Kickstarter is touting that 20 films that raised money on their site are now at the Sundance Film Festival. The movies include Pariah, Ai Weiwei: Never Sorry, to Keep the Lights On, Room 237, and The Square. You can see clips of … Continue reading

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Watch The House Committee Hearing on Crowdfunding

The House Committee on Small Business Subcommittee on Investigations, Oversight and Regulation held a hearing titled “SEC’s Crowdfunding Proposal: Will It Work for Small Businesses?” this morning (see prior post). You can watch it here: http://www.ustream.tv/recorded/42779554

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SEC Statistics Offer Insight to Crowdfunders

The SEC’s Division of Economic and Risk Analysis provided some interesting statistics in a recent proposed rule regarding Regulation D. These stats can help crowdfunders manage their, and their investors’ expectations in forthcoming capital raises. The SEC’s research found that: … Continue reading

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SEC Will Consider Expanding Who Is Accredited

In a response to the October 30 letter to Chairman Mary Jo White from Reps. Patrick McHenry (R-NC) and Scott Garrett (R-NJ), the SEC has apparently agreed to consider expanding the definition of “accredited investor” found in Rule 501(a) of … Continue reading

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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