Difference between revisions of "JOBS Act"

From Sudo Room
Jump to navigation Jump to search
(Created page with "Public Law 112-106 Capital Raising Online While Deterring Fraud and Unethical Disclosure Act of 2012 "Crowdfund Act" - Title III 112 Congress Janelle Orsi - Sustainable Ec...")
 
Line 3: Line 3:
Capital Raising Online While Deterring Fraud and Unethical Disclosure Act of 2012
Capital Raising Online While Deterring Fraud and Unethical Disclosure Act of 2012


"Crowdfund Act" - Title III
"Crowdfund Act" - Title III<br>
112 Congress  
112 Congress  


Line 12: Line 12:
Sec. 302<br>
Sec. 302<br>
16) offer or sale of securities by an issuer<br>
16) offer or sale of securities by an issuer<br>
A) 12 mo. period; no more than $1,000,000
A) 12 mo. period; no more than $1,000,000<br>
i) greater of $2K or 5% of capital income of investor < $100K<br>
i) greater of $2K or 5% of capital income of investor < $100K<br>
ii) 10% of annual income, not to exceed $100K
ii) 10% of annual income, not to exceed $100K
Line 24: Line 24:
Public Comments<br>
Public Comments<br>
-Collaborative Hackerspace model - promoting other hackerspaces <br>
-Collaborative Hackerspace model - promoting other hackerspaces <br>
-Federation
-Federation<br>
-Distributed non-profit / innovation center that spawns companies
 
==Crowdfunding Software==
*[http://selfstarter.us Selfstarter] - roll your own crowdfunding platform. FOSS.
*[http://catarse.me/en Catarse] - FOSS crowdfunding platform from Brazil

Revision as of 15:51, 8 December 2012

Public Law 112-106

Capital Raising Online While Deterring Fraud and Unethical Disclosure Act of 2012

"Crowdfund Act" - Title III
112 Congress

Janelle Orsi - Sustainable Economies Law Center / East Bay Community Law Center
Kadavitch & Kassen (K2) - Cutting Edge Capital
Slow Money

Sec. 302
16) offer or sale of securities by an issuer
A) 12 mo. period; no more than $1,000,000
i) greater of $2K or 5% of capital income of investor < $100K
ii) 10% of annual income, not to exceed $100K

Sec 4A. A person acting as an intermediary
1) Register w/ Commission as
A) Broker
B) A Funding Portal

Issues to Discuss

Public Comments
-Collaborative Hackerspace model - promoting other hackerspaces
-Federation
-Distributed non-profit / innovation center that spawns companies

Crowdfunding Software

  • Selfstarter - roll your own crowdfunding platform. FOSS.
  • Catarse - FOSS crowdfunding platform from Brazil