At the end of last week, the House Financial Services Committee approved two bills, H.R. 3623 and H.R. 4164.
H.R. 3623, titled the Improving Access to Capital for Emerging Growth Companies Act, was introduced by Stephen...more
After months of sitting on the sidelines, the United States Senate (“Senate”) passed an amended version of the Entrepreneur Access to Capital Act (“EACA”). Although the passage of the amended bill moves crowdfunding one step...more
The United States House of Representatives (the “House”) continues to pursue crowdfunding legislation despite some opposition in the United States Senate (“Senate”). On March 8, 2012, the House passed the Jumpstart Our...more
In November, the U.S. House of Represantatives passed the Entrepreneur Access to Capital Act, HR 2930, to create a new exemption under the Securities Act of 1933 for “crowdfunding” meeting specified conditions. About the same...more
“Crowdfunding,” a job-creation panacea-of-the-month buzzword, is being peddled under the Entrepreneur Access to Capital Act (H.R. 2930) and extolled by Rep. Patrick McHenry (R-N.C.) as having “very strong investor...more
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