Earlier this month, Dave had the opportunity to lead a Webinar about how individuals can use their self-directed IRAs and 401Ks to participate in Investment Crowdfunding projects. As we previously told, he joined Gordon Nutall, CEO of Couragent, Inc., and Clay Malcolm, Business Development Manager at New Direction IRA. The webinar offers an overview of [...]
View PostCrowdfunding News: Changes at the SEC
On November 26, 2012, Securities and Exchange Commission Chairman Mary L. Schapiro announced that she will step down on December 14, 2012. It has been under Chairman Schapiro’s watch that the SEC had been working to shape the regulations that will govern investment crowdfunding under the JOBS Act. Implementation of the rules will now fall to current SEC [...]
View Post Elisse Walter, JOBS Act, Mary L. Schapiro, President Obama, SEC, Securities and Exchange CommisionInvestment Crowdfunding News: CFIRA Proposes Safe Harbors to the SEC
This week, the Crowdfund Intermediary Regulatory Advocates (CFIRA), of which Funding Launchpad is a founding member, submitted recommendations to the Securities and Exchange Commission on general solicitation under the JOBS Act, including recommendations on safe harbors for investment adviser issues, fraud, crowd commentary, peer-to-peer lending, and matching. To back up a step, a “safe harbor” [...]
View Post CFIRA, crowd funding, crowdfunding, Crowdfunding Intermediary Regulatory Advocates, general solicitation, investment crowdfunding, JOBS Act, SEC, securities and exchange commission, title 3, title iiiThinking of Launching a Crowdfunding Platform? Join the crowd!
Shhh. I’m going to let you in on a little secret. Next week, Funding Launchpad is going to announce our intention to become an investment crowdfunding platform. You might say that we’re dreamers, but we’re not the only one. This is our second analysis of Crowdsourcing.org’s Crowdfunding Industry Report, looking at the explosion in crowdfunding [...]
View Post CFIRA, CfPA, crowd funding, crowdfunding, growth, investment crowdfunding, JOBS Act, platformAn Authoritative Look at the New Crowdfunding Legislation
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, SECInvestment Crowdfunding News: Crowdfunding Moves Forward In House of Representatives
Yesterday was another day of positive progress towards investment crowdfunding becoming a reality. Following Tuesday’s Senate hearing on crowdfunding, President Obama and the House of Representatives sent strong signs of support for crowdfunding. Early yesterday morning, the White House issued a statement in support of H. R. 3606, the Jumpstart Our Business Startups, or JOBS Act. [...]
View Post crowd funding, crowdfunding, House, House of Representatives, investment crowdfunding, JOBS Act, Obama, President Obama