Tag Archives: reliance

A Crowdfunder’s Smile Can Effect Results

You can get a consultant for just about everything.  ;>) Crowdfunders would be wise to listen to Jessica Li, a Kentucky University assistant professor of marketing in the School of Business, whose study focused on just how wide your smile … Continue reading

Posted in accredited investor, checkbook, Crowd Fund Act, Crowd Fund Act of 2012, Crowd Funding At the Margins, Crowd Funding Platforms, discrepancies, fraud, Funding Portals, Jobs, Legislative Intent, SEC, Small Business | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

Crowdfunding Factoid #11: Issuer Reliance

Under the Securities and Exchange Commission’s crowdfunding rules, the issuer can rely on the efforts of the web portal to ensure that the investors do not exceed their annual gross investment limits. The aggregate amount of securities sold to any … Continue reading

Posted in accredited investor, Crowd Fund Act, Crowd Fund Act of 2012, Crowd Funding Platforms, Film, FINRA, Investments, Jobs, Legislative Intent, SEC, Small Business, Uncategorized, VC, Venture Capital, Wall Street | Tagged , , , , , , , , , , , , , , , , , | Leave a comment

New SEC Crowdfunding Guidance

The SEC has released a number of Q&A’s regarding the use of new Rule 506(c). This guidance includes such matters as: whether an issuer who has taken reasonable steps to verify its investor is “accredited” and later finds out that … 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, Wall Street | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

What Are They Thinking?

Yesterday, the Securities and Exchange Commission issued proposed rules to, among other things,  permit general advertising for private placements (Reg. D offerings) provided that the issuer takes reasonable steps to verify that all purchasers are “accredited investors” as defined by … Continue reading

Posted in Broker dealers, Crowd Fund Act, Crowd Fund Act of 2012, Crowd Funding At the Margins, Crowd Funding Platforms, FINRA, Funding Portals, Investments, SEC, Wall Street | Tagged , , , , , , , , , , , , , , , , | Leave a comment