President Obama is slated to sign the Jumpstart Our Business Startups (JOBS) Act on Thursday, and the final, authoritative text of the bill has finally been made available to the public – you can take a look at http://www.gpo.gov/fdsys/pkg/BILLS-112hr3606enr/pdf/BILLS-112hr3606enr.pdf. Note that Title III is the crowdfunding part. There have been a number of brief summaries [...]
View Post 504, 505, 506, crowdfunding, exemption, FINRA, funding portal, general solicitation, investment crowdfunding, IPO, JOBS Act, reg d, SECThis morning, the Senate Banking Committee held a hearing titled “Spurring Job Growth Through Capital Formation While Protecting Investors, Part II”. It was clear throughout the hearing the goal is a balance between freeing up capital for small businesses and protecting investors. In his prepared statement, Chairman Tim Johnson, who was not present, said the [...]
View Post Banking Committee, Biotechnology Industry Organization, Cambridge Innovation Center, Charles Schumer, crowd funding, crowd investing, crowdfunding, Funding Launchpad, investment crowdfung, IPO, Jay R. Ritter, Kathleen Shelton Smith, LitiNomics, Lynn E. Turner, Michael Bennett, OncoMed, Reed, S. 1790, S. 1971, Senate, Tim Rowe, Timothy Rowe, William Waddill