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 iiiEarlier this week, Reuters published an editorial titled “Five steps the SEC can take to make crowdfunding work“. Shane Fleenor, Funding Launchpad’s Chief Legal Officer, added comments reminding readers that investment crowdfunding is about startups and small business, not Wall Street and business as usual for the finance industry. For your reading pleasure, we have [...]
View Post CFIRA, crowd funding, CrowdFund Intermediary Regulatory Advocates, crowdfunding, reuters, sara hanks, SEC, securities and exchange commission, Wall Street