Tag Archives: trusted third party

SEC Creates New Jobs

The JOBS Act continues to spawn new jobs. One new profession could be the “trusted third party” that, for purposes of permitting an issuer to advertise its private placement, has taken reasonable steps to verify that the purchaser of 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, Jobs, Legislative Intent, SEC, Small Business, Venture Capital, Wall Street | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

You Believe Me, Don’t You?

The regulatory trade-off made by the SEC in permitting issuers to advertise a private placement was to have them take reasonable steps to verify that the purchasers are, in fact, “accredited investors.” In today’s Wall Street Journal, an op-ed writer … 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, Legislative Intent, SEC, Small Business, Wall Street | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment