Tagged: sam guzik

January 4, 2017 @ 4:43 pm By JD Alois  |  

Financial regulations are often enacted with little concrete definition, to say nothing of quantification, of their costs and benefits. Regulators and economists have little understanding of causal mechanisms that may provide benefits and incur costs. Worse, they often think they know cause and effect, either… Read More

December 29, 2016 @ 7:30 am By Samuel Guzik  |  

The beginning of a new year is typically accompanied by renewed hope and positive expectations. 2017 is no exception.  As a staunch advocate of promoting the interests of small business generally, and smart regulation of capital formation, in particular, 2017 stands out to me as… Read More

December 16, 2016 @ 5:53 pm By JD Alois  |  

There will soon be a new office at the Securities and Exchange Commission. Today, President Barack Obama signed into law HR 3784 or the SEC Small Business Advocate Act of 2016.  The legislation passed the Senate without amendment late last week (December 9, 2016). The… Read More

December 11, 2016 @ 6:21 pm By JD Alois  |  

The SEC Small Business Advocate Act of 2016 or HR 3784 passed the Senate on Friday (December 9, 2016) as part of a last-minute legislative push before Congress adjourns for the holiday season. The bill passed the House earlier this year meaning the bill will… Read More

December 5, 2016 @ 7:16 pm By JD Alois  |  

Entrepreneurs and small business may have something for them under the Christmas tree this year courtesy of Congress.  The House of Representatives passed HR 6427 today as legislators scrambled to get a few things done before they disperse for the coming Holiday.  While there is… Read More

November 16, 2016 @ 12:00 pm By Samuel Guzik  |  

With a new administration set to take the reins of power in the White House in January 2017, not to mention a new, Republican appointed Chair of the SEC in the offing, when it comes to the interests of small business’s access to capital, many… Read More

November 6, 2016 @ 8:23 pm By JD Alois  |  

Med-X – a medical Cannabis startup,  listed a Regulation A+ offer on StartEngine back in December of 2015. The securities offer was promoted as the “first ever” equity crowdfunding campaign for the Marijuana industry. Med-X registered $3.7 million in non-binding investor interest by February but… Read More

October 31, 2016 @ 9:00 am By Samuel Guzik  |  

On October 26, 2016, the SEC’s three Commissioners convened at their headquarters to adopt new rules intended to modernize what had historically been a little used path of raising capital for startups, early stage businesses and community-based enterprises: the so called intrastate exemption. It had… Read More

October 19, 2016 @ 7:28 pm By Samuel Guzik  |  

Still Time to Fix the Fix Crowdfunding Act One of the cardinal rules of investing is  diversification – a critical ingredient for long-term portfolio growth.  This rule applies with equal, if not greater, force when investing in “Title III Regulation CF Crowdfunding” securities – open… Read More

June 27, 2016 @ 7:30 am By Samuel Guzik  |  

  When it comes to capital formation for SME’s through federal legislation, one can usually count on the North American Securities Administrators Association (NASAA) to do their best to block or narrow any new paths which Congress or the SEC may seek to create.  The… Read More

June 24, 2016 @ 4:21 pm By JD Alois  |  

Reg CF, or Title III of the JOBS Act of 2012, is the portion of the law that legalizes retail investment crowdfunding. The new securities exemption was largely designed to provide access to capital to those small companies that are most challenged in finding sufficient… Read More

June 9, 2016 @ 3:00 pm By Samuel Guzik  |  

  It’s been more than four (very long) years since the Jumpstart Our Business Startups Act (the JOBS Act) made its debut, with much fanfare, in the White House Rose Garden. And on May 16, 2016, the official date of the emancipation of investment crowdfunding… Read More

May 12, 2016 @ 2:32 pm By JD Alois  |  

The bipartisan SEC Small Business Advocate Act of 2016 (HR 3784) sponsored by Representatives Duffy  (R-WI) and Carney (D-DE), cruised through the House of Representatives earlier this year.  The bill seeks to create a firmer voice advocating on behalf of small business within the Securities and Exchange… Read More

April 13, 2016 @ 9:00 am By Samuel Guzik  |  

  In my last article on Crowdfund Insider, entitled: “JOBS Act Crowdfunding Begins on May 16, 2016: Don’t Get Busted for Solicitation!,” I warned of one of the hidden dangers for companies embarking on a Title III equity crowdfunding campaign – which goes live on… Read More

April 2, 2016 @ 12:31 pm By JD Alois  |  

Below is a video of a panel that took place this past March at a crowdfunding event put together by Crowdfund Beat Media that brought together several prominent names in the internet finance space. Sam Guzik, a Crowdfund Insider Senior Contributor, Doug Ellenoff, DJ Paul,… Read More

March 28, 2016 @ 4:00 am By Samuel Guzik  |  

  It’s been five months or so since the SEC published its long awaited investment crowdfunding rules.  Though Congress dictated that this task be completed by the end of 2012, the SEC missed the mark by nearly three years.  Now, with rules in hand, and… Read More

February 1, 2016 @ 9:30 pm By Samuel Guzik  |  

For those of you who have followed my articles on Crowdfund Insider over the past two years, you know that I have not been shy about voicing my concerns over the foot dragging that too often has often characterized the attitude of the Securities and… Read More

January 18, 2016 @ 11:12 am By JD Alois  |  

A bill has been weaving its way through the Congressional process and it is one that is due in large part to Crowdfund Insider Senior Contributor Sam Guzik.  HR 3784 was introduced into the House Financial Services Committee in October of last year. It received… Read More

December 8, 2015 @ 7:00 am By Samuel Guzik  |  

  December 2, 2015, seemed no different than any other day in Washington, D.C. With a light rain falling, it was a rather dismal day for sightseeing in our Nation’s Capitol – yet the sun seemed to be shining for our small and emerging businesses… Read More

December 2, 2015 @ 8:00 am By JD Alois  |  

During the buildup to the Securities and Exchange Commission’s announcement regarding the final rules on Title III retail crowdfunding, the Commission filed a fraud case in the US District Court of Nevada.  The SEC accused Ascenergy, a company ostensibly in the oil and gas industry,… Read More