Tag Archives: Rep. Patrick McHenry

Congress Moves to “Enhance” Crowdfunding

Be careful what you wish for… Congress is actually doing something these days. No less than 15 financial bills were marked up in the House Committee on Financial Services yesterday, including: The Restricted Securities Relief Act, Small Business Freedom and … 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 | Tagged , , , , , , , , , , , , , , , , , , | Leave a comment

Senate Neutered Crowd Fund Act

The idea of the Crowd Fund Act, Title III of the JOBS Act of 2012, was to permit small investments from unaccredited investors without requiring issuers to comply with the burdens of SEC “red tape.” Of the many bills floating … 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 | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

Rep. McHenry/Industry Find Crowdfunding Regs Onerous

Since a recent study showed that it could cost up to $39,000 to ┬áraise $100,000 under the SEC’s proposed crowdfunding regulations, many in the industry have commented both to the Securities and Exchange Commission and publicly regarding their view 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

Rep. McHenry Gently Pushes Crowd Funding Regs

Rep. Patrick McHenry (R-NC) gives the SEC a soft push to publish crowd funding regulations by attempting to get a Twitter movement going on the anniversary of the signing of the JOBS Act. He states: “Today, months after the deadline … 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

Calling McGruff!

U.S. Rep. Patrick McHenry (R-NC), now in Davos, Switzerland, at the World Economic Forum, tells the Wall Street Journal in this video interview that he wants to make sure that the Internet community has the final say on fraud prevention. … 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, SEC, Small Business, Wall Street | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | 1 Comment