Tag Archives: sanctions

Iran Seeking Crypto-Currency To Avoid Sanctions

One of the reasons that governments, including the US, are skeptical of cryptocurrencies is that it can be used to avoid regulation, and, in the case of Iran, to avoid U.S. government imposed sanctions. It’s reported that Iran’s Central Bank … Continue reading

Posted in balance, Banking, Banks, checkbook, Congress, fine, fraud, Investments, Jobs, Legislative Intent, technology | Tagged , , , , , , , , , , , , , , , , , , | Leave a comment

Outside Analyst Gets Whistleblower Award

You don’t have to be an insider to collect whistleblower rewards from the Securities and Exchange Commission. The SEC has paid an outside analyst $700,000 for the work he submitted to the SEC that resulted in a major enforcement action. … Continue reading

Posted in accredited investor, Crowd Fund Act, Crowd Fund Act of 2012, Crowd Funding At the Margins, Crowd Funding Platforms, fine, FINRA, fraud, Investments, Legislative Intent, SEC, Small Business, VC, Venture Capital, Wall Street | Tagged , , , , , , , , , , , , , , , , , , | Leave a comment

How To Get A “Bad Actor” Waiver From the SEC

The Securities and Exchange Commission recently published a policy statement that describes its “bad actor” waiver process. As you recall, if there is a bad actor involved in your deal, you may not use certain exemptions from registration, including Rule … Continue reading

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SEC Denies Whistleblower Awards

You can make up to 30% on all monetary sanctions over $1 million imposed by the SEC as a whistleblower. Last week the SEC handed out $875,000 to 2 informants. http://www.sec.gov/News/PressRelease/Detail/PressRelease/1370541980219#.U5YWa_ldWVM However, your information had better be correct. The SEC … Continue reading

Posted in Broker dealers, Congress, Crowd Fund Act, Crowd Fund Act of 2012, Crowd Funding At the Margins, Crowd Funding Platforms, Funding Portals, Investments, Jobs, Legislative Intent, SEC, Small Business, Wall Street | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

FINRA Proposed Regs Require Expertise

FINRA has issued new proposed rules for non-broker/dealer funding portals. Those entities must become FINRA members in order to list security selling crowd funding issuers. The good news is that ¬†applications will generally be processed within 60 days after FINRA … 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

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

Whistleblower Job Update – $14 Million+

(This is an Update to the post of September 10, 2013.) The Securities and Exchange Commission announced yesterday that it has made the largest whistleblower award in its history (more than $14 million) to an unidentified whistleblower who “provided original … Continue reading

Posted in Congress, Crowd Fund Act, Crowd Fund Act of 2012, Crowd Funding At the Margins, Crowd Funding Platforms, FINRA, Investments, Jobs, Legislative Intent, SEC, Small Business, Wall Street | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment