Equity crowdfunding under Regulation CF presents a twist which can be a trap for the unwary. The $1 million limit on the maximum offering amount per 12 month period includes securities sold by [...]
The Fix Crowdfunding Act, sponsored by Congressman Patrick McHenry, passed the House of Representatives in summer 2016 and subsequently was sent to the Senate, but was never passed by the [...]
There are number of law firms which offer themselves as experts on crowdfunding. Many of the crowdfunding sites offer templates or other information to eliminate, or nearly eliminate, the need [...]
Prior to Regulation CF, crowdfunding was limited to either “intrastate offerings ” or offerings only to “accredited investors.” An accredited investor is defined under Regulation D to be, for [...]
The SEC is not provided any official updates on the number of Regulation CF offerings being made. A review of the SEC’s at EDGAR website reflects an average of 3-4 Form Cs filed each week. Based [...]
A company and its officers and directors are liable to the purchasers of a crowdfunding offering if it makes an untrue statement of a material fact or omits to state a material fact required to [...]
