Tag Archives: reasonable steps to verify

Advertised Private Placements Take Off

Since the SEC amended Reg. D in 2013 permitting the advertising of private placements, there have been about 2,900 new offerings that planned to raise more than $37 billion in new capital. These issuers are required to take reasonable steps … Continue reading

Posted in Uncategorized | Tagged , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

Where To Find Accredited Investors

Crowdfunders who advertise or solicit publicly need to find verified accredited investors. If you want to reach Ultra High Net Worth investors (having a net worth of between $5 million to $25 million) with your crowdfunding campaign, where do you … Continue reading

Posted in Uncategorized | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

Startups Can Sell Stock At Venture Fairs Says SEC

New interpretations from the Division of Corporation Finance at the U.S. Securities and Exchange Commission puts an official imprimatur upon what’s been happening for the past 20 years. The interps now say that the offer of a security under Regualtion … Continue reading

Posted in Uncategorized | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

2014 – The Year of Crowdfunding

2014 is being called the “year of crowdfunding” where the venture capitalists lost their monopoly on the financing of startup businesses. Fueled by the change in Reg D that permits advertising of private placements, new funding portals have revolutionized 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, Jobs, Legislative Intent, SEC, Small Business, Venture Capital | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

SEC Censures Off-Shore Crowdfunding Portal

The Securities and Exchange Commission issued a cease-and-desist order against Eureeca Capital SP, a Cayman Islands company, that operates a global online, securities based, crowdfunding platform that connects non-U.S. issuers with investors to raise funds in exchange for equity securities. … 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, Wall Street | Tagged , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

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

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, SEC, Small Business, Venture Capital | Tagged , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

SEC Permits Fall Back Verification Methods

The SEC has indicated that even if you cannot use one of the safe harbors under Rule 506(c) to verify that an investor is “accredited,” other evidence could be relied upon to do so under the “principles based” verification method. … 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, SEC, Small Business, Venture Capital | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment