Since the passage of the overwhelmingly bipartisan Jumpstart Our Business Startups Act (the “JOBS Act”) on April 5, 2012, the curiosity of a revolutionary small business financing mechanism called, Crowdfunding (also referred to as Title III of the JOBS Act, “Crowdfund Investing” or “CrowdInvesting”), has intensified. For those out-of-the-know, “Crowdfunding” is a process of raising […]
Today’s America – Nothing Ventured, Everything Gained – at Least for Some
Dear Fellow Americans, I am writing this letter not only as an unrelenting advocate for Wall Street reform, but more poignantly as a concerned citizen and a devoted mother of two young children. Like me, my parents before me and my grandparents before them, I want to see my children grow up in a prospering […]
Summation of the SEC’s Uneventful Meeting on the Elimination of the General Solicitation and Advertising Ban
Don’t stop the press. Really, don’t. The SEC’s previously postponed meeting to implement the overdue rule eliminating the prohibition against general solicitation and general advertising finally occurred yesterday, resulting in yet another delay tactic – “the rule proposal”. By the time this rule is finalized it will be so far into the future that companies […]
Recap of CFIRA’s Historic “Development of Crowdfunding Regulations Symposium”
On Friday July 13, 2012, CFIRA, the leading regulatory advocacy group for the crowdfunding industry, hosted its first public forum wherein the nation’s key lawmakers, regulators, crowdfunding enthusiasts, entrepreneurs and investors all came together to discuss the rules that will eventually govern Crowdfund investing under the JOBS Act. Exemplifying the same collaborative principles that define the […]
Bipartisanship Prevails for Job Creation
Long before Wall Street turned into a campground it was like a dependable machine that kept capital flowing to our greatest job creators – America’s small businesses. At the heart of the system was the Nasdaq engine that transformed sheer innovation into economic prosperity for an entire nation. Regrettably, a combination of over-regulation and greed […]