The SEC and crypto: the answer is Rule 261
A few years ago, we spent a lot of time with the Staff of the Division of Corporation Finance discussing
November 11, 2024
JASON W. PARSONT
SARA HANKS
The Jumpstart Our Business Startups Act (the ‘‘JOBS Act’’) was signed by the President on April5, 2012.
SARA HANKS AND ANDREW STEPHENSON
SARA HANKS, GIOVANNI ROMANO, ENRICO TONELLI
European Company Law
Madness of Crowds or Regulatory Preconception?
STEVEN BRADFORD
Intermediary liability in the crowdfunding industry.
JOAN MACLEOD HEMINWAY
This article focuses on disclosure regulation in a specific context: securities crowdfunding (also known as crowdfund investing or investment crowdfunding).
SARA HANKS
The economic impetus for easing the burden on small- and medium-sized companies raising small amounts of capital from numerous investors.
ANDREW STEPHENSON AND SARA HANKS
Bloomberg BNA: Securities Regulation and Law Report – An Overlooked Class of Private Offerings: Independent Rule 506(c) Raises
ANDREW A. SCHWARTZ
A new federal statute authorizes the online “crowdfunding” of securities, a new idea based on the concept of “reward” crowdfunding practiced on Kickstarter and other websites.
MICHAEL B. DORFF
The JOBS Act opened a new frontier in start-up financing, for the first time allowing small companies to sell stock the way Kickstarter and RocketHub have raised donations: on the web, without registration.
JOAN MACLEOD HEMINWAY
With the advent of the crowdfunding era, financial interests in business enterprises may look less like investment instruments commonly known as common stock
THAYA BROOK KNIGHT, HUIWEN LEO, AND ADRIAN OHMER
Since the early 2000s, “crowdfunding” has emerged as a means of obtaining funds for new and innovative projects.
SARA HANKS & ANDREW STEPHENSON
ROBERT B. THOMPSON AND DONALD C. LANGEVOORT
The JOBS Act is the most far-reaching legislative reform in what it means to be a public company or to make a public offering
THOMAS LEE HAZEN
Social networks have been used as a medium for financing films and other performing arts, as well as for charitable solicitations.
C. STEVEN BRADFORD
On April 5, 2012, President Barack Obama signed into law a new federal securities law exemption for crowdfunded securities offerings.
JOAN MACLEOD HEMINWAY AND SHELDEN RYAN HOFFMAN
A promising Web-based funding model for small business firms has emerged over the past few years.
A few years ago, we spent a lot of time with the Staff of the Division of Corporation Finance discussing
This is mostly a classic run-away-with-the-money case, combined with a bunch of misleading statements and omissions. But there are a
I was thinking of calling this series “Fraud of the Month” but didn’t want to go that far. You may
Expert Q&A on Equity Crowdfunding with Sara Hanks will appear in the October 2015 edition of Thomson Rueters Practical Law
The proliferation of social media and the liberalization of the securities laws have given rise to an increasing use of equity crowdfunding offerings to raise capital. These offerings are made over the internet to a large group of people, with each investor investing a relatively small amount. For a startup company, crowdfunding can provide additional capital to supplement what the company can raise from its network of friends and family and can also offer an alternative to working with professional investors. Practical Law asked Sara Hanks of CrowdCheck, Inc. to weigh in on trends in equity crowdfunding and key issues for companies considering a crowdfunding offering.