CrowdCheck Blog
After months of delay and some drama, the Securities and Exchange Commission voted today to propose for public comment rules establishing a new type of offering that is not required to be registered with the SEC. New Rule 506(c) would permit any size of offering to be made using any form of “general solicitation or general advertising” (TV, newspaper ads, online) providing that only accredited investors were permitted to invest.
This change was dictated by Title II of the JOBS Act, which…
This entry is filed under Offerings: Traditional Regulation D, Securities Law, Blog
As the SEC works its way through the regulatory process many players in the investment industry have provided comment on how they think the SEC should handle crowdfunding. One such player is fellow Alexandria Virginia denizen The Motley Fool. Its letter to the SEC on the JOBS Act (.pdf) is fascinating and well worth a read. Focusing on the crowdfunding provisions, however, there are some things I think merit a response (there is a lot of good stuff as well, but me just agreeing over and over…
This entry is filed under Due Diligence, Securities Law, Blog
As the SEC works its way through the regulatory process many players in the investment industry have provided comment on how they think the SEC should handle crowdfunding. One such player is fellow Alexandria Virginia denizen The Motley Fool. Its letter to the SEC on the JOBS Act (.pdf) is fascinating and well worth a read. Focusing on the crowdfunding provisions, however, there are some things I think merit a response (there is a lot of good stuff as well, but me just agreeing over and over…
This entry is filed under Due Diligence, Securities Law, Blog
As the SEC works its way through the regulatory process many players in the investment industry have provided comment on how they think the SEC should handle crowdfunding. One such player is fellow Alexandria Virginia denizen The Motley Fool. Its letter to the SEC on the JOBS Act (.pdf) is fascinating and well worth a read. Focusing on the crowdfunding provisions, however, there are some things I think merit a response (there is a lot of good stuff as well, but me just agreeing over and over…
This entry is filed under Due Diligence, Securities Law, Blog
I’m a proud Brit and a proud Virginian (version 1.0) and I see no contradiction there. But it’s as a Brit I’m blogging today. I watched the Olympic Opening Ceremony on Friday night with some Indian and English friends (also Americans 1.0) and a couple of token Americans and I loved the CROWDFUNDING GAMES.
The Beijing ceremonies were huge and impressive and breathtaking. And organized. Boy, were they organized. Everything went off just as planned, and people did exactly what they were…
This entry is filed under Disclosure, Securities Law, Blog
I’m a proud Brit and a proud Virginian (version 1.0) and I see no contradiction there. But it’s as a Brit I’m blogging today. I watched the Olympic Opening Ceremony on Friday night with some Indian and English friends (also Americans 1.0) and a couple of token Americans and I loved the CROWDFUNDING GAMES.
The Beijing ceremonies were huge and impressive and breathtaking. And organized. Boy, were they organized. Everything went off just as planned, and people did exactly what they were…
This entry is filed under Disclosure, Securities Law, Blog
I’m a proud Brit and a proud Virginian (version 1.0) and I see no contradiction there. But it’s as a Brit I’m blogging today. I watched the Olympic Opening Ceremony on Friday night with some Indian and English friends (also Americans 1.0) and a couple of token Americans and I loved the CROWDFUNDING GAMES.
The Beijing ceremonies were huge and impressive and breathtaking. And organized. Boy, were they organized. Everything went off just as planned, and people did exactly what they were…
This entry is filed under Disclosure, Securities Law, Blog