Tag Archives: violation

SEC Investigating Crypto-Currency

You were warned. The Securities and Exchange Commission has issued “dozens” of subpoenas to tech companies and their advisors in its investigation of the initial coin offering and alt coin trading markets. According to the Wall Street Journal, the main … Continue reading

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

Austin, Texas Crowdfunding To Replace State Grants Due To Immigration Policy

The city of Austin, Texas is crowdfunding to cover costs that the State has unfunded due to Austin’s Sheriff’s position that it will not totally enforce the Trump Administration’s anti-immigrant policies. Governor Greg Abbott has cut $1.5 million in state … Continue reading

Posted in balance, Charity, checkbook, Congress, Crowd Fund Act, Crowd Fund Act of 2012, Crowd Funding At the Margins, Crowd Funding Platforms, Department of the Treasury, Funding Portals, Jobs, Legislative Intent, States, Tax | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

Roadmap To Getting “Bad Actor” Disqualification Waived

A recent SEC no-action letter provides a road map as to how to get the staff to waive your “bad actor” disqualification from participating in private placements: claim that there was no “intent” to commit the act; say that the … Continue reading

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You Promised!

Will an investor have recourse if a crowd funded company fails to perform as promised (and there’s no fraud)? Kickstarter’s policy is that if a creator can’t fulfill its project, it ¬†should find a resolution, which could include offering refunds, … Continue reading

Posted in Crowd Fund Act, Crowd Fund Act of 2012, Investments, Legislative Intent, SEC, Small Business | Tagged , , , , , , , , , , , , , , , , , | Leave a comment