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Crowdfunding Facts, Myths and Best Practices

New York, NY

The Inventors Association of Manhattan speaks with securities crowdfunding expert, Kim Wales founder and CEO of Wales Capital about crowdfunding facts, myths and best practices.

Crowdfunding: National Experts, Kim Wales Discuss Impact of Title II of the JOBS Act

New York, NY

National Crowdfunding Experts, Kim Wales, Douglas Ellenoff, Zack Cassidy – Dorian and Jonathan Sundland share their views on where the big opportunity is in securities based crowdfunding within the next five years at the Feliciano Center for Enterpreneurship on the Montclair State University Campus.

Alternative Investment Fund Manager (AIFMD) Directive Guidelines

On August 8, 2014, ESMA published the final translated Guidelines on reporting obligations under the Alternative Investment Fund Managers Directive.  The Guidelines provide clarification on the information that alternative investment fund managers (“AIFMs”) must report to national regulators, the timing of such reporting and the procedures to be followed when AIFMs move from one reporting obligation to another. The Guidelines, which apply to national regulators, will apply from October 8, 2014.   In addition, AIFMD_Top 10 Guidelines as presented by Wales Capital in  2013 can be reviewed as cross reference.

Read the Guidelines here.

 

 

The State of Equity Based Crowdfunding

Washington, D.C.,

August 24, 2014, 700+ days after the JOBS Act was signed into legislation, the SEC still has not released the final rules for Title III: Regulation Crowdfunding.

Over one year ago, February 19, 2013, the nation’s principal leaders and experts on equity and debt‐based financing providing an in‐depth review of the extensive build out and preparation that has taken place to help entrepreneurs’ access capital through online platforms, while protecting the investors who will finance these enterprises. The group touched upon the global advancement of equity‐based crowdfunding, the significant challenges entrepreneurs still face in accessing capital and why it is vitally important that the SEC finalize JOBS Act rule makings.

Watch the Press Conference:

 

Moderator and Host: Karen Kerrigan, President & CEO, SBE Council; Panel of Experts: Sherwood Neiss & Jason Best, architects of the crowdfund investing framework that became law through the JOBS Act and Principals of Crowdfund Capital Advisors; Candace Klein, Founder, Bad Girl Ventures and SoMoLend; Ryan Feit, Co‐Founder, SeedInvest; Vince Molinari, President, GATE Technologies; Sara Hanks, CEO, CrowdCheck; Chris Tyrell, Nehemiah Investments; Kim Wales, Founder of Wales Capital and Chair of the Crowdfunding Professional Association [introduced at 25 minute mark]; Judy Robinett, Entrepreneur, Advisor to Early Stage Companies; Doug Ellenoff, Ellenoff, Grossman & Schole, LLP; Chance Barnett, Founder, Crowdfunder