Jobs Act 101Crowdfunding for Private Companies – Crowdfunding Lawyers
Sometimes, a private company seeking to raise capital may not want to go public. In such circumstances, the company should consider an exempt offering. Even though the SEC has not created the final rules for equity crowdfunding, intrastate… Read More
Crowdfunding Platforms to Watch in 2015
It has been more than a year and the SEC has not finalized its rules with respect to equity crowdfunding under the Title III of the JOBS Act which would allow an issuer to raise up to $1… Read More
SEC Releases Regulation A Proposals
On December 18, 2013, the Securities and Exchange Commission (the “SEC”) voted to propose rules intended to increase access to capital for smaller companies. The SEC’s proposal is based upon Regulation A. Regulation A is an existing exemption from registration… Read More
Rule 506(C) Verification of Accredited Investor Status
Rule 506(c) of Regulation D of the Securities Act became effective on September 23, 2013. The rule fundamentally changes how private placements are conducted, by allowing issuers to engage in general solicitation and advertising of their private placements if specific requirements… Read More
Embracing Equity Crowdfunding l Jobs Act 101
Jobs Act 101 Blog Recently the Securities and Exchange Commission (“SEC”) published its new rules for equity crowdfunding offerings, called “Regulation Crowdfunding,” or “Reg CF” for short. The rules have yet to be finalized, and the Commission is currently asking… Read More
Regulation Crowdfunding for Intermediaries
Jobs Act 101 Blog Regulation Crowdfund provides for two types of intermediaries, the registered broker-dealer and the funding portal. Broker-dealers do not need to register in order to engage in crowdfunding offerings, but their activities in this area are governed… Read More
Crowdfunding 101 Q & A
Jobs Act 101 Blog On October 23, 2013, the Securities and Exchange Commission (the “SEC”) proposed Regulation Crowdfunding, setting forth the rules governing the offer and sale of securities through crowdfunded offerings, pursuant to Title III of the Jumpstart Our Business… Read More
What Causes a DTC Chill? Going Public Lawyers
The Depository Trust and Clearing Corporation (“DTCC”), through its subsidiaries, provides clearing, settlement and information services for securities. DTCC’s subsidiary, the Depository Trust Company (“DTC”) was created to improve efficiencies and reduce risk in the clearance and settlement… Read More
SEC Registration & the Emerging Growth Company
The JOBS Act makes it easier for issuers who qualify as an emerging growth company to go public direct by exempting them from certain federal securities regulations, by reducing certain SEC reporting requirements. The JOBS Act creates a new… Read More
The Securities Exchange Act of 1934
The Securities Exchange Act of 1934 (the “Exchange Act”) grants broad authority to the Securities and Exchange Commission (“SEC”) to oversee the securities industry. The SEC’s authority includes the power to register, regulate, and overseebrokerage firms, transfer agents, and… Read More