Tag Archives: SRO

Today’s Crowdfunding Webinar

Crowd-Funding” in Business Ventures: Raising Capital from the Public – 1 CLE hour https://m360.atlantabar.org/event.aspx?eventID=99402&instance=0 “Crowd-funding” is an innovation under securities law that allows companies to raise capital from small investors using certain online platforms. Companies are able to raise capital from … Continue reading

Posted in Broker dealers, Charity, 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, States, Tax, 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

FINRA Is The Crowd Funding SRO

After months of trying to elicit a response from FINRA as to whether it will agree to be the self regulatory organization for funding portals under the JOBS Act, FINRA has quietly said “yes” by issuing new guidance.  On December … 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, Jobs, Legislative Intent, SEC, Small Business, Wall Street | Tagged , , , , , , , , , , , , , | Leave a comment

The Adults in the Room

The Crowd Fund Act seeks to have the funding portals manage and supervise the capital raising effort. Recent commenters have suggested that funding portals: (i) have FINRA as the only SRO (as well as for brokers); (ii) perform due diligence … Continue reading

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