22 Oct
2013
22 Oct
'13
6:05 p.m.
E-mail
SEC to propose monumental crowdfunding rules on Wednesday
By J.D. Harrison
It was supposed to take 270 days. Instead, it has taken about twice that long.
© 2013 The Washington Post Company | Privacy Policy
On Wednesday, though, federal regulators will come one step closer to allowing people to
purchase equity in start-ups through new online “crowdfunding” marketplaces.
The Securities and Exchange Commission plans to formally propose rules on Wednesday
authorizing companies to widely sell securities through the online portals, the agency
announced late Monday. Currently, firms can offer equity crowdfunding deals only to
accredited investors.
Once the proposed rules are issued, the five-member board plans to vote whether to move
forward on them. If approved, the rules will enter into what is expected to be a lengthy
comment period before they would take effect.
....
23 Oct
23 Oct
5:44 p.m.
New subject: SEC to propose monumental crowdfunding rules tomorrow
follow-up with links to resources:
The SEC has posted a video of this morning's meeting on its website, you can watch it
here; the proposed rules have been uploaded to the SEC website, here.
This morning, the SEC unanimously voted to propose rules around equity crowdfunding.
The proposed regulation will likely undergo a lengthy comment period, with commissioner
Dan Gallagher saying there are 295 questions the SEC is seeking input on. The rules, which
fill up nearly 600 pages, were published on the SEC website several hours after the
meeting took place.
http://www.crowdsourcing.org/editorial/sec-proposes-rules-on-equity-crowdfu…
On Oct 22, 2013, at 6:05 PM, Eddan Katz <eddan(a)clear.net> wrote:
E-mail
SEC to propose monumental crowdfunding rules on Wednesday
By J.D. Harrison
It was supposed to take 270 days. Instead, it has taken about twice that long.
© 2013 The Washington Post Company | Privacy Policy
On Wednesday, though, federal regulators will come one step closer to allowing people to
purchase equity in start-ups through new online “crowdfunding” marketplaces.
The Securities and Exchange Commission plans to formally propose rules on Wednesday
authorizing companies to widely sell securities through the online portals, the agency
announced late Monday. Currently, firms can offer equity crowdfunding deals only to
accredited investors.
Once the proposed rules are issued, the five-member board plans to vote whether to move
forward on them. If approved, the rules will enter into what is expected to be a lengthy
comment period before they would take effect.
....
_______________________________________________
sudo-discuss mailing list
sudo-discuss(a)lists.sudoroom.org
http://lists.sudoroom.org/listinfo/sudo-discuss
4080
days inactive
4081
days old
1 comments
1 participants
participants (1)
-
Eddan Katz