The term “accredited investor,” as defined under Rule 501 of Regulation D of the Securities Act of 1933, as amended (the “Securities Act”), had not changed significantly since it was originally adopted in 1982. In June 2019,...more
8/28/2020
/ Accredited Investors ,
Exempt Reporting Advisers (ERAs) ,
Federal Register ,
Initial Public Offering (IPO) ,
Investment Advisers Act of 1940 ,
JOBS Act ,
Private Offerings ,
Rule 506 ,
Securities Act of 1933 ,
Securities and Exchange Commission (SEC) ,
Venture Funding
The SEC has issued its second-ever no-action letter to a token issuer. Pocketful of Quarters, Inc. (PoQ) sought the no-action letter in connection with the issuance of a cryptographically protected token (Quarters), which...more
Bitcoin, Ethereum, Cryptocurrencies. With the advent of blockchain technologies and related blockchain-based service companies, many startups are now employing or examining a new way to raise capital: initial coin offerings...more
Late last week, the SEC adopted its final rules for equity crowdfunding under Title III of the JOBS Act. These rules, when implemented, have the promise of reducing the cost and increasing the availability of sorely needed...more
11/5/2015
/ Brokers ,
Capital Raising ,
Crowdfunding ,
Disclosure Requirements ,
Early Stage Companies ,
Emerging Growth Companies ,
Financial Statements ,
Funding Portal ,
Investor Protection ,
Investors ,
JOBS Act ,
Liquidity ,
Popular ,
Securities and Exchange Commission (SEC) ,
Startups
On March 25, 2015, in a long-awaited action by the SEC, the regulatory agency finally made a bold move intended to facilitate access to capital for entrepreneurial, high tech startups and other smaller companies. Pursuant to...more