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Author Topic: U.S. CrowdFunding Bill  (Read 7225 times)
Stephen Gornick (OP)
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May 11, 2013, 07:56:24 AM
 #61

so, when will the sec get the rules done?

The last thing anything near official said "no earlier than 3Q 2013".   Most in the space have concluded that since there's so little activity on the rulemaking occurring now this simply won't happen in 2013.

What is happening is that they are getting the process meted out using accredited investors and then when the rulings come out these companies in the crowdfunding space then will hopefully only need small changes to be compliant with whatever comes out the SEC's pie hole.

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Stephen Gornick (OP)
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July 11, 2013, 10:56:17 AM
 #62

Well, some forward progress.

SEC Clears Way for Entrepreneurs to Tweet, Blog About Unregistered Shares
 - http://online.wsj.com/article/SB10001424127887324694904578597691543313894.html

Next on deck:

Quote
The Financial Industry Regulatory Authority, a Wall Street regulator funded by private-sector financial firms, is also expected to weigh in this week. It will begin to consider rules allowing so-called equity-crowdfunding websites to help entrepreneurs sell unregistered shares in their companies to any investors, regardless of their net worth, another key provision of the JOBS Act.

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July 11, 2013, 05:55:47 PM
 #63

awesome, thanks for the update!

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July 11, 2013, 07:09:11 PM
 #64

Going to be interesting to see how this plays out!


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Stephen Gornick (OP)
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June 06, 2014, 01:41:26 AM
 #65

Going to be interesting to see how this plays out!

The crowdfunding part of the JOBS act has been nothing but a total waste of time, to-date.

Now there is this:

The Equity Crowdfunding Improvement Act of 2014
 - http://financialservices.house.gov/uploadedfiles/bills-113hr-pih-crwdfnd-m001156.pdf
 - https://www.invigorlaw.com/congressional-committee-contemplating-jobs-act-2-0-to-revive-crowdfunding

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June 06, 2014, 05:19:53 PM
 #66

Where's the billion dollar website for this soon-to-be corrupt and broken program?

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Stephen Gornick (OP)
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March 25, 2015, 11:12:56 PM
 #67

The SEC finished its rulemaking for equity crowdfunding:

 - http://www.sec.gov/news/pressrelease/2015-49.html

 - http://mashable.com/2015/03/25/equity-crowdfunding-sec-vote


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