Tag Archives: startups

SEC Lifts Ban On General Solicitation, Allowing Startups To Advertise That They’re Fundraising

The SEC has just voted 4 to 1 in favor of implementing section 201(a) of the JOBS Act, which lifts the ban on general solicitation and permits startups, venture capitalists, and hedge funds to openly advertise that they’re raising money in private offerings. While it may pose added risk of investors being misled, it should […]

SEC Proposes Rules to Implement JOBS Act Provision About General Solicitation and Advertising in Securities Offerings

SEC Moves Forward on JOBS Act: The SEC met on August 29th to discuss the required implementation of the JOBS Act.  Specifically, the meeting focused on Title II of the Act in connection with lifting the ban on the general solicitation and sale of certain securities.  The SEC proposal under Regulation D, Rule 506, which […]

SEC delays JOBS Act, Startups Reg A versus D 506

Regulation A and Regulation D is heavily different under JOBS Act according to David Drake of LDJ Capital and David Weild, former vice chair of Nasdaq. SEC officially announced it will miss the 90 day deadline to amend the Reg D exemption 506. FOR IMMEDIATE RELEASE PRLog (Press Release) – Jun 29, 2012 – As […]

A Closer Look at Crowdfunding for Startups

Strings attached to the JOBS Act may nullify much of its ability to truly help startups – by Bill Hanigan and Mark Wickham.  Congress is in the business of making laws. Some of those laws prove helpful, while others do not help much at all. The recently enacted (and eagerly anticipated) crowdfunding provisions contained in […]

Obama to Sign Pro-Crowdfunding JOBS Act into Law Thursday

Venture Beat: Jennifer Van Grove March 31, 2012 5:10 PM A piece of legislation designed to make crowdfunding a legal option for startups will be passed into law as President Barack Obama plans to sign the JOBS Act Thursday, VentureBeat has confirmed. The Jumpstart Our Business Startups (JOBS) Act has already successfully made its way […]