Tag Archives: settlement

Big VC Backing Cryptocurrency Trading Startup

Big venture capital is looking at sinking money into an electronic cryptocurrency broker dealer trading system for high net worth individuals, family offices and institutional investors. The plan is for the system to mimic stock “smart order routers that dispatch … Continue reading

Posted in accredited investor, balance, CFTC, Congress, Crowd Fund Act, Crowd Fund Act of 2012, Crowd Funding At the Margins, Crowd Funding Platforms, Funding Portals, Investments, Jobs, Legislative Intent, review, SEC, technology, VC, Venture Capital, Wall Street | Tagged , , , , , , , , , , , , , , , | Leave a comment

South Korea Considers Crypto Regulation

Fox Business is reporting: “New proposed legislation in (South) Korea will ban the use of anonymous cryptocurrency accounts starting next month and prevent banks from providing settlement services for unidentified digital-currency trades on bitcoin exchanges.” This follows the shut down … Continue reading

Posted in accredited investor, balance, Banks, Broker dealers, checkbook, Congress, Crowd Fund Act, Crowd Fund Act of 2012, Crowd Funding At the Margins, Crowd Funding Platforms, FINRA, fraud, Funding Portals, Investments, Jobs, Legislative Intent, SEC, technology, VC, Venture Capital, Wall Street | Tagged , , , , , , , , , , , , , , , , , , , , | Leave a comment

Bitcoin Futures Market Opens

You can now legally bet on the price of a Bitcoin. The CBOE commodities exchange is offering futures contracts to those who can put up the margin of +/-44% or $4,400 per $10,000 contract. The symbol is “XBT” and these … Continue reading

Posted in accredited investor, Banking, Banks, CFTC, checkbook, Crowd Fund Act, Crowd Fund Act of 2012, Crowd Funding At the Margins, Crowd Funding Platforms, Department of the Treasury, deposits, Investments, Jobs, Legislative Intent, review, technology, VC, Venture Capital, Wall Street | Tagged , , , , , , , , , , , , , , , , , , , , , | Leave a comment

Crowdfunding Child Star Defends $10 Million Campaign

Child star Corey Feldman, who is crowdfunding for $10 million to produce his tell-all movie about a Hollywood mogul, possibly still in power, who allegedly raped him as a child, is getting some blowback. On the Today show, plugging his … Continue reading

Posted in accredited investor, balance, Broker dealers, Charity, checkbook, Crowd Fund Act, Crowd Fund Act of 2012, Crowd Funding At the Margins, Crowd Funding Platforms, discrepancies, Film, Funding Portals, Investments, Legislative Intent, technology | Tagged , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

Gust Alleviates Patent Claim on Crowdfunding

Patent trolls have shaken down crowdfunding sites in the past, but David Rose, CEO of Gust, fought back and won. A patent troll is a company that buys patent rights, then threatens to sue a company that is using certain … Continue reading

Posted in accredited investor, balance, checkbook, Congress, Crowd Fund Act, Crowd Fund Act of 2012, Crowd Funding At the Margins, Crowd Funding Platforms, fraud, Funding Portals, Investments, Jobs, Legislative Intent, Small Business, technology, VC, Venture Capital, Wall Street | Tagged , , , , , , , , , , , , , , , , , , , , | Leave a comment

“Bad Actor” Waivers Getting Harder to Get

After giving an investment adviser that failed to get clients’ consents for 21,000 trades a “bad boy” waiver, the Securities and Exchange Commission is now considering punishing JP Morgan. The Wall Street Journal reports that the Commission is thinking about … Continue reading

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SEC Will Be Serious About Crowdfunders Reporting

Title III, Sec. 304(b) of the Crowd Fund Act of 2012 will require that issuers file annual reports with the Securities and Exchange Commission. The SEC is serious about reporting. Witness the SEC’s charge against W2007 Grace Acquisition I Inc., … 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, Wall Street | Tagged , , , , , , , , , , , , , , , , , , , , , , | Leave a comment