The Proposed SEC Rules Undermine The Goal Of The JOBS Act

Feld Thoughts

A number of the provisions have been slow to get written into law and the SEC has missed their deadlines on a bunch of stuff, including the often talked about equity crowdfunding activity. Recently, the SEC weighed in on a number of the things they were required to with much fanfare. Fred Wilson wrote Let The Games Begin in response to the SEC lifting the General Solicitation Ban. “The SEC giveth (as mandated by Congress) and taketh away (by its own mandate).

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How Reed Hastings’ Facebook Status Update Landed Netflix in SEC’s Crosshairs

Gust

Last month, the SEC announced it was taking action regarding Netflix’ (NFLX) securities compliance based on a Facebook status update posted by CEO Reed Hastings. In 2000, the SEC adopted Regulation FD in response to growing concerns regarding “ selective disclosure.”

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SEC Exposes Two Initial Coin Offerings Crimes

Chaganomics

CH The Securities Law Blog: SEC Exposes Two Initial Coin Offerings Purportedly. : Just a matter of time. - The Securities and Exchange Commission today charged a businessman and two companies with defrauding investors in a pair of so-called initia

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The SEC and Private Markets

A VC : Venture Capital and Technology

The WSJ says that the SEC is reviewing the rules under which privately held companies raise capital and are subject to securities regulation. They quote the SEC Chair Mary Schapiro as saying: The staff is taking a fresh look at our rules to develop ideas for the Commission about ways to reduce the regulatory burdens on small business capital formation.

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Using RSS To Track SEC Filings

Feld Thoughts

However, I don’t really care about the daily stock prices – instead, I’m focused on the actual SEC filings. I used to subscribe to several services for SEC filings (remember EDGAR Online and 10KWizard ) but let them lapse a while ago. My partner Jason suggested I just use the SEC website. Now, whenever a company I’m tracking files something with the SEC, it’ll show up the next morning in Google Reader. Tech I Use public companies rss sec

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Is Elon Musk Serious About Taking Tesla Private? The SEC Wants to Know

Inc Startups

The SEC first heard on Twitter, like everyone else. Strategy

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Some Thoughts On The SEC's Rulemaking On General Solicitation

A VC : Venture Capital and Technology

In response to the JOBS Act, the SEC has lifted the ban on General Solicitation  and on September 23, 2013, companies can start to use public marketing in their fundraising efforts with some important conditions. But the SEC has not stopped there. If anyone in the SEC cares to read this blog, they can consider this my public comment. If there was one rule that I would most like to see the SEC remove, this would be it.

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SEC Releases Rules for Equity-based Crowdfunding

SiliconHills

Legislation from the JOBS Act, signed into law by […] The post SEC Releases Rules for Equity-based Crowdfunding appeared first on SiliconHills. Austin San Antonio crowdfunding equity-based crowdfunding JOBS Act rules SEC Securities and Exchange Commission startups Title III Early next year, startups may be able to raise money from the general public to finance their ventures.

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U.S. Air Force Sec. Wilson Launches AFWERX Innovation Lab at Capital Factory

SiliconHills

Air Force Sec. By LAURA LOREK Publisher of Silicon Hills News The U.S Air Force Secretary Heather Wilson officially launched AFWERX, an innovation lab, at Capital Factory on Wednesday. AFWERX is like the skunkworks of the Air Force.

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SEC Adopts New Equity-based Crowdfunding Rules

SiliconHills

The difference is up until the change, only so-called accredited investors, high net worth individuals, could […] The post SEC Adopts New Equity-based Crowdfunding Rules appeared first on SiliconHills. The U.S. Securities and Exchange Commission approved new crowdfunding rules last Friday allowing companies to raise money from anyone. The new rules allow companies to offer up to $1 million a year in securities through online equity-based crowdfunding portals.

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How The SEC Is Violating My Wife’s First Amendment Rights

Feld Thoughts

So, if I contribute $1,000 to the campaign of the Colorado state treasurer, I violate this SEC rule and become someone who is “paying to play.&# The NVCA has also studied the new SEC rule and has come to the same conclusion: “This ruling is consistent with guidance the NVCA has been providing members. Tags: Politics first amendment pay to play sec Venture Capital Over the past 24 months, a deplorable activity in the money management business came to light.

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How the SEC Just Changed Fundraising Forever

Inc Startups

After more than three years, the SEC on Friday established the final ruling of the JOBS act--offering to make equity crowdfunding a legitimate option for small businesses

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SEC Report About The DAO ICO Being A Security Is Good News For The Community

Inc Startups

The SEC report was inline with self regulation that has already happened inside the community. Money

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Sec. State Hillary Rodham Clinton & GeeksOnaPlane / StartupVisa.

500 Hats

Main | GeeksOnaPlane Asia Visits The Great Wall of China » Monday, May 24, 2010 Sec. TrackBack TrackBack URL for this entry: [link] Listed below are links to weblogs that reference Sec.

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Trump Asks the S.E.C. to Consider Ending Quarterly Earnings Reports

Inc Startups

President Trump tweeted on Friday that switching to a six-month reporting system could help U.S. businesses. Politics

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The Securities Law Blog: SEC Charges Anheuser-Busch With Violating FCPA and.

Chaganomics

The Securities Law Blog: SEC Charges Anheuser-Busch With Violating FCPA and. : The Securities and Exchange Commission today announced that Anheuser-Busch InBev has agreed to pay $6 million to settle charges that it viol

SEC Staff Publishes Report on Access to Capital and Market Liquidity

Chaganomics

From the SEC: The report includes a survey and analysis of recent academic literature, as well as original analyses drawn from publicly available databases and non-public regulatory filings. The report examines the issuance of debt, equity, and asset-backed securities, as well as activity and liquidity in U.S. Treasuries, corporate bonds, single-name credit default swaps, and bond funds.

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SEC Chairman Issues Stern Warning Against ICOs and Cryptocurrencies

Inc Startups

Jay Clayton wants you to invest your money wisely. Money

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SEC Defines Venture Capital

Venture Chronicles

The SEC fulfilled their obligation under the Frank-Dodd financial reform bill and defined what venture capital is. Represents itself to investors as being a venture capital fund. Only invests in equity securities of private operating companies to provide primarily operating or business expansion capital (not to buy out other investors), U.S. Treasury securities with a remaining maturity of 60 days or less, or cash.

The Securities Law Blog: SEC Wants All Investors to Access High Risk Invest.

Chaganomics

The Securities Law Blog: SEC Wants All Investors to Access High Risk Invest. : In a startling about-face, Acting Securities and Exchange Commissioner Michael Piwowar called for allowing every investor to buy unregistered securities Basically it allows anyone to invest in what pro's invest in, which is strange to allow.

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SEC Investigation Raises Terrifying Question: Could You Go To Prison For Not Reporting A CyberSecurity Breach?

Inc Startups

Here is what you need to know about the SEC's investigation into Yahoo's alleged failure to disclose cyber-breaches in a timely fashion, and how this case could set powerful precedents

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College Football Head Coach Salaries

Chaganomics

All the conference are represented here, but Alabama (SEC) leads the chart with Nick Saban's illustrious, GOAT salary level. AAC Football Big 12 Football Big Ten Football College Football Pac-12 Football SEC Football Sports

The SEC Is Investigating Elon Musk's Solar Division

Inc Startups

The federal regulators believe Tesla's solar unit might have masked the number of customers who have canceled their contracts. Technology

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Fresh from the SEC: Magic Raises approximately $25 million in Recent Filings

VC Cafe

million in a private placement transaction in December and an additional $3,7 million in option sales according to a recent SEC D filing. million in a private placement transaction in December and an additional $3,7 million in option sales according to a recent SEC D filing.

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Raising Capital to Get Easier – SEC Crowdfunding Proposal

Business Plan Blog

SEC Crowdfunding Proposal. In September of this year, the SEC voted to overturn the ban on “general solicitation” that made it illegal for companies to publicly advertise that they are raising capital. On October 23rd, the SEC unanimously voted on a proposal that makes it even easier for small business to raise capital from a wider range of potential investors while providing additional investment opportunities for investors.

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Theranos Under Investigation by the SEC

Inc Startups

The blood-testing startup is facing both a criminal and civil probe

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SEC Adopts Final Crowdfunding Rules: Is It The Win Everyone Hoped For?

VC Deal Lawyer

Depending on who you are, upon hearing that the SEC has adopted final crowdfunding rules, you may either shriek with joy or shrug your shoulders and return to whatever was previously occupying your time. Whichever camp you fall into, October 30, 2015 was the day to shriek or shrug as the SEC adopted, subject to public comment and publication, long-awaited final rules permitting companies to crowdfund (Regulation Crowdfunding, as it is known, or “RC”). – SEC.

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SEC Chair White Leaving at End of Obama Administration

Inc Startups

Trump's administration will likely roll back many of the Dodd-Frank reforms enacted after the financial crises

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The SEC Is Investigating Elon Musk's Tweets. This Is a Big Problem for Tesla

Inc Startups

The subpoena shows show how Elon Musk has been winging it. Tesla can't keep operating this way.

SEC Adopts Private Fund Risk Reporting

Recent Buzzes - VC Experts, Inc.

Late in 2011, the Securities and Exchange Commission (the "SEC") adopted Rule 204(b)-1 under the Investment Advisers Act of 1940 (the "Advisers Act"). The new rule will require SEC-registered advisers with at least $150 million in assets under management attributable to private funds to report certain information to the SEC on newly created Form PF

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The SEC Clamps Down on 34-Year-Old Venture Capitalist for Bilking Investors

Inc Startups

The Harvard Business School graduate allegedly misappropriated $7 million. Money

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SEC Claws 'Innocent' Officers

Recent Buzzes - VC Experts, Inc.

Broadly applying Section 304 of the Sarbanes-Oxley Act of 2002, the SEC filed a civil suit seeking to "claw back" compensation from Maynard L. Ruling on defendant's motion to dismiss, the court sided with the SEC and held that the SEC need not allege wrongdoing when seeking disgorgement under the clawback provision of the Act. The case is SEC v.

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Curator: Retail Truths, Twitter SEC Cash Grab, Strong Team Drawbacks, Holiday Social Media

YFS Magazine

Here’s our weekly link roundup of small business buzz, musings and muchness. A curation of the best small business talk around the web. News curator small business news

AngelList Syndicate Update – Week 1

Feld Thoughts

Yeah – the problems are obscure ones generated by our government, and there are moments where it seems like the SEC simply doesn’t want any of this to actually work. Angel Investing angelist crowdfunding fg angel sec syndicates

SEC Was Hacked - And Criminals May Have Profited From Stolen Non-Public Information

Inc Startups

A breach detected last year may have been much worse than initially thought. Technology

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Seriously Ridiculous: Rethinking the SEC's Proposed Crowdfunding Rules

Inc Startups

The Securities and Exchange Commission (SEC) released its proposed rules for crowdfunding the other week. But the SEC proposal is drawing some well-deserved criticism. Which is why the smart people at the SEC are seeking feedback to their proposals over the next 90 days.

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The 99: How the SEC protects you from venture capital returns.

This is going to be BIG.

The SEC, in an effort to "protect the little guy" has all sorts of regulations. I don''t need to remind you of the widening gap between the rich and the poor, but if I were to be more accurate, I''d say it''s the widening gap between the mega rich and everyone else. When you''ve already got tens and hundreds of millions of dollars, a whole world of moneymaking opportunities are available to you that the rest of the world can''t access. Take venture capital, for example.

Finally: SEC Lifts Ban on Advertising Fundraising Rounds

Inc Startups

But it comes with a big caveat: The SEC commissioners also voted 3-2 for new regulations that would force start-up founders to file documents with the SEC before raising cash. Later today, the SEC will update its site with proposed rules from today''s hearing.

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SEC Gives VC and Smaller Private Fund Managers Limited Relief from Investment Adviser Registration

VC Deal Lawyer

funds not registered under the Investment Company Act of 1940, as amended (the “Act”)) have been greatly concerned about the regulations in the Dodd-Frank Act requiring such managers to register with the SEC as investment advisers. [Guest Post] By Keith S. Marlowe, Esq.

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SEC Crackdown On Investment Adviser Compliance Deficiencies

Recent Buzzes - VC Experts, Inc.

The Securities and Exchange Commission (the "SEC") is cracking down on firms with compliance deficiencies under the Investment Advisers Act of 1940, as amended (the "Advisers Act"). Although three SEC enforcement cases announced on November 28, 2011, involve extreme disregard by the particular investment adviser firms, these cases are sobering evidence of the penalties that may follow for advisers (and even for Chief Compliance Officers personally) that disregard SEC compliance

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Lawmakers Urge SEC to Overhaul IPO Process

Inc Startups

After Facebook's IPO mess, lawmakers get the ball rolling to possibly change the process. Looks like some good might come from Facebook's messy initial public offering.

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Why Twitter’s Confidential S-1 Filing Is A Good Thing

Feld Thoughts

We’ve confidentially submitted an S-1 to the SEC for a planned IPO. Anyone who has been through taking a company public knows that there are numerous steps between the first S-1 filing with the SEC and the final filling where the SEC says “ok – you are ready to go public now.” When a company has this cleared by the SEC, it is ready to go public. If the SEC was slow because they had a backlog, it would take longer.

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Snap Has an Internal Make-a-Wish Program Called Snap-a-Wish, SEC Filing Reveals

Inc Startups

Snapchat parent company Snap has a program for employees in need, called Snap-a-Wish, which is structured like Make-a-Wish

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