I recently made a guest appearance on Tatyana Gray’s Angel Investing Podcast to talk about Regulation Crowdfunding. Here is the link to the show:  http://angelinvestingpodcast.com/ai009-a-securities-lawyers-guide-to-crowdfunding-with-gilbert-bradshaw/

The SEC prepared a release with highlights of the recommended final Regulation Crowdfunding rules  The recommended rules would, among other things, enable individuals to purchase securities in crowdfunding offerings subject to certain limits, require companies to disclose certain information about their business and securities offering, and create a regulatory framework for the intermediaries facilitating crowdfunding…

Keynote Address at the 47th Annual Securities Regulation Institute: “Building a Dynamic Framework for Offering Reform”  Chair Mary Jo White New York, New York Oct. 28, 2015 Thank you, Alan [Beller], for that generous introduction. I am very pleased to be here to help kick off the 47th Annual Securities Regulation Institute. As some of…

Regulation Crowdfunding Rules Part II: What Companies Raising Capital Must Disclose This blog post is the latest in a series of blog posts about Regulation Crowdfunding. Part I is linked here.  If you have any questions about crowdfunding, capital raises, or funding portals email gil@bradshawlawgroup.com or call (917) 830-6517 and we will give you a…

I wanted a general post on basic Securities Law so I went to Kermit Hall’s Oxford Guide to American Law (I get nothing if you buy these books from the links provided, but I’m giving you a taste of them and I trust you will all buy them anyways).  I was reading the entry on…

Crowdfunding is a totally new way to raise capital to support new ventures where an entity or individual seeks small contributions from a large number of people.  Individuals interested in the crowdfunding campaign—members of the “crowd”—may share information about the project with the “crowd” or with management on discussion boards or otherwise, and members of…

SEC Adopts Rules to Permit Crowdfunding Proposes Amendments to Existing Rules to Facilitate Intrastate and Regional Securities Offerings FOR IMMEDIATE RELEASE 2015-249 Washington D.C., Oct. 30, 2015 —The Securities and Exchange Commission today adopted final rules to permit companies to offer and sell securities through crowdfunding.  The Commission also voted to propose amendments to existing…

FINRA’s Proposed Rules for Funding Portals Title III of the Jumpstart Our Business Startups Act (“JOBS Act”) was enacted in 2012 with the goal of increasing American job creation and economic growth. Specifically, Title III authorizes and regulates equity “Crowdfunding” which is basically using business models like Kickstarter and Indiegogo to sell equity securities. Under…

The Jumpstart Our Business Startups Act (“JOBS Act”) was passed by Congress in April 2012 has been implemented in stages through a contentious standoff between the SEC and Congress.  This sweeping reform was passed by Congress and the SEC was not given sufficient resources to implement the JOBS Act. Timeline for JOBS Act Implementation Title…