Tagged: tom emmer

August 19, 2021 @ 11:07 am By JD Alois  |  

Congressman Tom Emmer has reintroduced the Blockchain Regulatory Certainty Act along with Congressman Darren Soto. The legislation aims to address Financial Action Task Force (FATF) proposed guidance that could stifle blockchain innovation in the United States and elsewhere. FATF has advocated for stricter regulation of… Read More

August 10, 2021 @ 5:02 pm By JD Alois  |  

Earlier today the US Senate voted on a massive bill that, while labeled infrastructure, included a cornucopia of pet projects and unrelated policy goals. Squirreled away in the legislation was language designed to raise revenue by taxing crypto transactions as well as broadly defining the… Read More

October 17, 2019 @ 11:41 am By JD Alois  |  

Congressman Patrick McHenry, the ranking member on the House Financial Services Committee, has posted an update regarding several leadership positions including the new Task Force on Fintech and Task Force on Artificial Intelligence. The following Representatives are now taking the designated leadership roles: Ranking Member… Read More

September 26, 2018 @ 10:04 pm By Cali Haan  |  

Representatives from Wall Street and prominent US crypto investment/services firms are convening in Washington this week to attend a legislative roundtable hosted by Republican Representative Warren Davidson of Ohio, CNBC reports. Attendees at the roundtable, titled “Legislating Certainty for Cryptocurrencies,” are reportedly hoping to influence… Read More

July 11, 2018 @ 3:41 am By JD Alois  |  

The US House of Representatives passed the “Main Street Growth Act” (H.R. 5877) yesterday. The bill was passed on a voice vote indicating solid bipartisan support. Sponsored by Representative Tom Emmer of Minnesota, the bill amends the Securities Exchange Act of 1934 to allow for… Read More

May 25, 2018 @ 3:42 pm By JD Alois  |  

Last week, while New York City saw thousands of cryptocurrency enthusiasts discuss the benefits of digital assets and blockchain, a House Financial Services subcommittee reviewed initial coin offerings with the leaders of the Securities and Exchange Commission (SEC) Enforcement Division. The Congressional Hearing provided a… Read More

November 9, 2017 @ 11:37 am By JD Alois  |  

The House of Representatives passed the Micro Offering Safe Harbor Act (HR 2201) today largely on a party line vote of 232 to 188. The bill, sponsored by Representative Tom Emmer from Minnesota,  seeks to allow small businesses to raise up toe $500,000 per year… Read More

October 23, 2016 @ 12:59 pm By Anthony Zeoli  |  

Almost a year ago, the SEC proposed certain amendments to the current Rule 147 which were intended to help foster, and increase the viability of, Intrastate crowdfunding. While little has been heard about these amendments since their release (except from Intrastate proponents like me of… Read More

September 9, 2016 @ 4:59 pm By JD Alois  |  

The House of Representatives passed four bills this week designed to help smaller businesses access the capital they need to expand, hire and grow the economy.  Small businesses are the economic engine of the country. Small businesses provide 55% of all jobs and 66% of all… Read More

September 4, 2016 @ 5:14 pm By JD Alois  |  

This coming week the House of Representatives will debate several bills previously approved by the Financial Services Committee.  The legislation is designed to improve access to capital for SMEs by reducing regulatory burdens and streamlining the process. HR 2357, the Accelerating Access to Capital Act,… 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

March 22, 2016 @ 6:08 pm By JD Alois  |  

A new bill seeking to improve access to capital for small business is making its way through Congress right now. The “Micro Lending Safe Harbor Act”, sponsored by Congressman Tom Emmer, has captured some solid endorsements as both the National Small Business Association and the Small Business… Read More