Congressman Patrick McHenry Named Vice Chairman of House Financial Services Committee

o-PATRICK-MCHENRY-promotedCongratulations to Congressman Patrick McHenry who has a new leadership position in the House Financial Services Committee. Late last week, Financial Services Committee Chairman, Jeb Hensarling, named Congressman McHenry to serve as Vice Chairman of the full Committee for the 114th Congress. This is great news for both Congressman McHenry and, in my opinion, the crowdfunding industry.

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NASAA Brings Rule 506 Notice Filings Into The 20th Century With Launch Of Electronic Filing Depository (EFD) – But Is It Enough?

nassaIn late December of last year, the North American Securities Administrators Association (NASAA) launched, what it refers to, as its Electronic Filing Depository (EFD) system. The EFD system is designed to allow users to submit certain required “blue sky” notice filings in connection with exempt securities offerings to multiple states at once. Now if that does not seem like a big deal to you, then you probably don’t have to make these filings very often (or at all). For those of you who are like me, and who have had to file countless paper based notice filings, I am sure you will understand how monumentally more efficient even the most basic of electronic filing systems can potentially be.

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STATE OF THE STATES – Comparative Summaries of Current Active And Proposed Intrastate Crowdfunding Exemptions (Updated)

Good Better Best Choices - 3 Colorful Arrow SignsLAST UPDATED: January 16, 2015

For all of you that read my previous post (“State of The States – List of Current Active and Proposed Intrastate Crowdfunding Exemptions“) and thought to yourself, “WOW, this list is great, I love this guy! Now if there was only someplace I could go to compare the exemptions side-by-side” … Well, guess what, now there IS!!!

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STATE OF THE STATES – List of Current Active And Proposed Intrastate Crowdfunding Exemptions (Updated)

LAST UPDATED: January 16, 2015State-Laws2

I don’t know about the rest of you out there but I have not yet found a website that accurately identifies each of the states that have currently enacted, or are in some stage of enacting, an intrastate crowdfunding exemption. As a result, for everyone’s sake (including my own) I decided to scour the internet and create my own list. I will attempt to keep this list as current as possible so please bookmark this page (or better yet, subscribe to my blog).

Also, if you have any comments (e.g. I missed something, a link is broken, my hair looks great in my profile picture, etc.) please feel free to contact me.

Now, without further ado, the LIST: Continue reading

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Happy Holidays & Thank You Everyone!

Dollarphotoclub_7414156923HO, HO, HO, Merry [Insert Holiday Of Choice]!!! Just a quick note to my fantastic Blog followers, I am taking some time off to spend with friends and family. So, unless something monumental occurs in the next week or so, I won’t be posting any articles. That being said, I would like to take this time to thank everyone who has made my Blog such a success this year and wish each of you a safe and extremely happy holiday!……

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