Tag Archives: trade

Estonia Planning A Crowdfunded Initial Coin Offering

Notwithstanding the European Central Bank’s “veto” of the use of national crypto-currencies, Estonia (of all countries) will apparently launch its own Initial Coin Offering. The TokenEST ICO will run on the Ethereum blockchain and is intended to raise US$30 million. … Continue reading

Posted in accredited investor, balance, Banking, CFTC, checkbook, Congress, Crowd Fund Act, Crowd Fund Act of 2012, Crowd Funding Platforms, Department of the Treasury, fraud, Funding Portals, Investments, review, SEC, technology, VC, Venture Capital, Wall Street | Tagged , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

Seedrs’ Experiment With Trading Crowdfunded Shares

The United Kingdom equity crowdfunding platform Seedrs has just closed its experiment with secondary market trading in shares bought from startup issuers on its website. The result was: 2.5 million shares traded among 238 buyers and sellers with £743,000 being … Continue reading

Posted in accredited investor, 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, VC, Venture Capital, Wall Street | Tagged , , , , , , , , , , , , , , , , , | Leave a comment

Crowdfunder Wants To Educate MPs On Brexit

If you lead a horse to water, can you make it drink? A Brit has crowdfunded the cost of sending the book “Brexit: What the Hell Happens Now?” by Ian Dunt to all members of Parliament. Now that the United … Continue reading

Posted in Congress, Crowd Fund Act, Crowd Fund Act of 2012, Crowd Funding At the Margins, Crowd Funding Platforms, Funding Portals, Investments, Legislative Intent, Uncategorized | Tagged , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

India’s Crowdfunders “Illegal”

India’s Securities and Exchange Board (“Sebi”)has attempted to halt all crowdfunding, by pronouncing the largest funding portals as unauthorized, unregulated and illegal. One large platform was asked to stop “on boarding” new investors. “According to Sebi, only recognised stock exchanges … Continue reading

Posted in accredited investor, Crowd Fund Act, Crowd Fund Act of 2012, Crowd Funding At the Margins, Crowd Funding Platforms, discrepancies, Investments, technology, VC, Venture Capital, Wall Street | Tagged , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

Exiting A Crowdfunded Equity Deal

So you bought some crowdfunded stock and need cash. Assuming that you’re not contractually bound to hold the shares, can you liquidate? There are now a few private markets where crowdfunded shares can be sold, including SecondMarket. SecondMarket claims to … Continue reading

Posted in Broker dealers, 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, Venture Capital, Wall Street | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

New Secondary Market for Private Companies

Startup Equidate is attempting to create a new secondary market for private company shares by not trading their shares. Instead, the investor gets a derivative contract and an asset backed loan. The investor apparently buys the shares now for delivery … 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, Legislative Intent, SEC, Venture Capital | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

FINRA Takes Crowd Funding Action

The FINRA Board met yesterday authorizing the publication of a Regulatory Notice to solicit comment on proposed rules and related forms governing funding portals pursuant to Title III of the JOBS Act. The proposed rules address among other things the … 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, Wall Street | Tagged , , , , , , , , , , , , , , , , , , , , , | Leave a comment