Our memo offers guidance on what issuers can and cannot say about their offering and how to properly comply with the SEC’s rules on communications related to Regulation CF offerings.
Last Updated: March 24, 2021
On August 29, 2012 the SEC in effect created an entirely new type of offering not subject to registration under the Securities Act of 1933.
Best practices for 17(b) disclosure by online investment platforms and other parties.
Welcome to the new Crowdcheck.biz! As many an entrepreneur has heard, if you aren’t embarrassed by your first
Today has been a big day for the American economy with the House passing the historic JOBS act
Hot off the digital presses is a copy of the JOBS Act (PDF) that is awaiting the President’s
Corporate crowdfunding is the talk of the town! Our CEO Sara Hanks talks with NPR’s All Things Considered
Not sure about some of the crowdfunding provisions in the JOBS Act? Well, we’ll be providing a plain-language
For Immediate Release: April 2, 2012 Contact for media inquiries: Abigail Gardner | agardner@skdknick.com | 202.464.6603 Washington, DC- Today Sara
As CrowdFunding continues to take the country by storm it makes sense that the industry needs a trade
Washington, DC- Today Sara Hanks, securities attorney and cofounder of CrowdCheck, applauded the JOBS Act for expanding crowdfunding
Great article in Entrepreneur Magazine on the things Crowdfunding Entrepreneurs need to keep in mind when they pursue
Do you think corporate crowdfunding holds the promise of making our economy more vibrant and democratic? Are you
Crowdfunding Sites Launch a Preemptive Strike on Fraud – Bloomberg Business Week
Our CEO’s response to Matt Taibbi’s — shall we say less that supportive — take on the JOBS Act has been
Whoa, says the SEC. Crowdfunding is going to be legal but it ain’t legal yet. Remember what I said
Want to Raise Money With Crowdfunding? Consider These Tips – Entrepreneur Magazine
1. Know what you are buying Startups can offer equity or debt, or different classes of shares with different rights.
The President has just (like, a minute ago) signed the JOBS Act of 2012, which includes the authorization for crowdfunding.
3 Things Investors Should Know about Crowdfunding
Yesterday on his Rolling Stone blog, Matt Taibbi took a swing at the JOBS Act, but missed and
The SEC today announced that it would start accepting comments from the public on the rulemaking it has to undertake
Despite Matt Taibbi’s Concern, the JOBS Act Could Suck Way Worse – Policy Mic
Rick Romell at HispanicBusiness.com has a great article on crowdfunding today which nicely highlights how crowdfunding allows people to invest directly in their
In the weeks since the JOBS Act was signed there has been a wonderful explosion of creativity, entrepreneurial spirit, and optimism
What is due diligence Due diligence is the legal term for kicking the tires before you make an
Recently there has been some concern about the risks that accepting equity crowd funding may present to a company if they were
We know, we know — it’s all so exciting! We’ve been waiting and watching as the first crowdfunding
Kate Rogers at Fox Business has a good article on what small businesses should be doing in anticipation
As we all know, the SEC is in the process of putting together its crowdfunding rules. Various people have been
[We asked our brand-new assistant Andrew, who graduated a few days ago from The Elliot School at George
What You Need To Know To Profit From Crowdfunding
A guest post by Andrew, our newest hire: It is not uncommon for businesses to use fake profiles
Our assistant Andrew kept brief notes on this week’s JOBS Act hearings on Capitol Hill where crowdfunding was mentioned. Notes from
Conference will feature Administration and Capitol Hill experts, entrepreneurs and leaders in crowdfunding. Washington, DC- Today Sara Hanks,
Implications of the JOBS Act, Part One: Crowd control?
Crowdfunding could open doors to more startup investment (pay wall) – New Orleans City Business
As regulators set rules for equity-based crowdfunding, investors prepare for its impact
Implications of the JOBS Act, Part One: Crowd control?
Five steps the SEC can take to make crowdfunding work – Reuters Op-Ed
It has been a while since we updated the blog. No, we haven’t lost our love of crowdfunding.
The Economist has a really excellent article on the rise of crowdfunding that shows how it has expanded from fad
The Verge has another interesting article on how Kickstarter handles fraud in the wake of the Mythic scam. While the article
One of the best parts of my job is talking to entrepreneurs, both the entrepreneurs whose businesses are
We talk a lot about the danger of fraudulent companies posing as legitimate ones, but just as real,
When I get an article sent to me once I generally read it, when I get it sent
Initial Crowd Offering, Inc. and CrowdCheck, Inc. Announce Letter of Intent to Protect ICO Investors by Performing Due
Well, as we’ve already pointed out, it will not be legally or logistically possible for the SEC to have
The lack of regulations is not the only big question make hanging over crowd investing. The merits of
Deadline approaching for crowdfunding regulators
SEC business forum on small business capital formation – SEC
Gamers donate record amount of money to help create new game http://www.myfoxaustin.com/story/20161263/gamers-donate-record-amount-of-money-to-help-create-new-game
Earlier this month at the American Bar Association Business Law Section Fall Meeting, Paul Dudek, Chief of the
I’m a proud Brit and a proud Virginian (version 1.0) and I see no contradiction there. But it’s
It’s frustrating. We are all so ready to do crowdfunding. But we have to wait till the SEC and FINRA
As the SEC works its way through the regulatory process many players in the investment industry have provided comment on
After months of delay and some drama, the Securities and Exchange Commission voted today to propose for public
The SEC released a proposed rule (Look for Release #33-9354), pursuant to Title II of the JOBS Act that will lift the ban on
NPR ran an interesting story that deals with what happens when a Kickstarter project fails to deliver, and whether
Crowd-funding dark side: Sometimes investments go down drain By Matt Krantz, USA TODAY
One aspect of US securities laws that frequently trips up the unwary is the fact that US law
Joy Case Interviews Tony Arias of Healthy Crowdfunder – FundItTV
JOBS Act Crowdfunding Provisions Await Clarification by SEC
Crowdfunding expert: new law a ‘hot mess’ – Puget Sound Business Journal
Hello, entrepreneurs! Are you busily working on that killer video you’re going to use to raise funds once
At times it is folly to hasten at other times, to delay. The wise do everything in its
On November 15th the SEC will be hosting a forum on small business capital formation, including a breakout session
CrowdCheck helps startups navigate crowdfunding laws http://www.entrepreneur.com/article/224760
Last Friday, the Department of Justice and the Consumer Protection Working Group held their annual summit on consumer protection.
Crowdfunding’s on Hold. So is Crowdfunding Fraud.
JOBS Act Creates Crowdfunding Industry but No IPOs
As a devoted fan of Sid Meier’s Civilization series working in the crowdfunding area, I couldn’t help but
Yesterday, Crowdfund Insider facilitated a discussion on the passing of the final regulations for Title II of the
There’s a lot of talk in the crowdfunding community about investor protection. Folks in the regulatory community and
Crowdfunding offers the ability for early-stage companies to seek investments from friends and neighbors in their social networks,
On Friday at the “SEC Speaks” conference, Securities and Exchange Commissioner Troy Paredes observed that the information companies disclose to
Ever since the Internet became a medium for communication, fraudsters and scammers have tried to use it to
The New Year has come and gone and we are done with the first quarter of 2013, and
Everyone in the startup world knows a good pivot story, right? The wedding planner site that became a peer-to-peer
This week has been a good week for the SEC, mostly in the sense that they aren’t the
The internet has gone through radical changes since the year 2000. Google became a verb, Facebook became a
There’s been a lot of discussion about what due diligence is (and isn’t) in the crowdfunding context. As
We’re kicking off our Due Diligence Series with one of the most fundamental issues in crowdfunding due diligence:
It’s tempting to reveal very little information when trying to make a sale. We all want to put
The first installment of our Due Diligence Series addressed a fundamental issue in crowdfunding due diligence: making sure that the offered shares
Today the SEC passed rules eliminating the ban on solicitation for certain accredited-only investments made pursuant to Section
We now have final General Solicitation (pdf) and Bad Actor (pdf) rules in the Federal Registry. We also have an effective date
SEC Rule on Advertising May Be Too Tough for Startups http://bit.ly/1aMMHYa
Limited Liability Companies (LLCs) are a very popular form of organizing small businesses. In essence, they are a
Massachusetts has a new securities department devoted entirely to monitoring the investment crowdfunding industry. This is an important
The crowdfunding industry encompasses every model of business and market you could think of. From “sexy” tech gadgets
So, you are an entrepreneur considering seeking investment via new Rule 506(c), very exciting! I’m sure you have all
Fraud – lots of people talk about it, but what is it? Many in the crowdfunding world see
Back in June, CrowdCheck opened up its “What due diligence looks like” series with a fundamental concept: checking
Brian Knight’s oped in Crowdfund Insider on how small businesses need a place at the SEC’s table.
This article continues the series about what you need to do to get ready to seek investment online. This
So, did you wake up this morning to find a pile of investment money, or some new shares
Securities regulations are complicated and when new rules are adopted or proposed by the SEC it may be
Exciting times, eh? With the lifting of the ban on “general solicitation” for offerings to accredited (rich) investors, all sorts
An overview of how to prepare for and manage both concurrent offerings and consecutive offerings.
After a company has done a Regulation A offering, how can its shareholders sell their shares?
SEC adopts regulations implementing “Regulation Crowdfunding” under Section 4(a)(6) of the Securities Act.
Our memo offers guidance on what issuers can and cannot say about their offering and how to properly comply with the SEC’s rules on communications related to Regulation CF offerings.
Last Updated: March 24, 2021
Our analysis of the SEC’s final rules for 506(c) and Bad Actor exclusion, as well as their newly proposed rule on disclosure.
On August 29, 2012 the SEC in effect created an entirely new type of offering not subject to registration under the Securities Act of 1933.
A summary of law and major issues raised in “pre-comments” to the SEC in The Crowdfund Act of 2012 (Title III of The JOBS Act).
Our analysis of proposed “regulation crowdfunding” under section 4(a)(6) of the securities act
Published in Bloomberg BNA Securities Regulation & Law Report
Best practices for 17(b) disclosure by online investment platforms and other parties.
In this memo, CrowdCheck provides an overview of the final rules adopted by the SEC on March 25, 2015 that create the two tier structure for small public offerings qualified under Regulation A.
A summary chart that compares the requirements and conditions of enacted intrastate crowdfunding laws and regulations. This chart will be updated periodically as exemptions are introduced, amended, and enacted.
Our comment letter submitted to the SEC regarding issues that may arise under the disclosure requirements of proposed Regulation Crowdfunding.
Welcome to the new Crowdcheck.biz! As many an entrepreneur has heard, if you aren’t embarrassed by your first webpage you
Today has been a big day for the American economy with the House passing the historic JOBS act all that
Hot off the digital presses is a copy of the JOBS Act (PDF) that is awaiting the President’s signature. It
