On January 8, 2018, the OTC Markets Group issued a response letter to FINRA’s request for comments in which OTC Markets Group states that the “cumbersome operational processes around Rule 6432, and the related Rule 15c2-11 under the Securities Exchange Act of 1934 (SEA) unnecessarily…
You are reading this because you or someone you know wants to launch an Initial Coin Offering or Initial Token Offering (“ICO”) in 2018. You also may not know exactly how to get started but there is one thing you are absolutely certain of: you…
ICOs are on the rise and so are SEC Cyber Unit enforcement initiatives. Last week, I represented Bevilacqua PLLC at the Crowdfunder Educational Series “Introduction to Launching an ICO” at Expert DOJO in Santa Monica, California and heard from some subject matter experts. Following are…
I work with and for entrepreneurs. When they consider raising capital, I suggest several different options. Most recently, for certain clients, I recommend equity crowdfunding under Regulation Crowdfunding. In response, they ask: How much does it cost to raise money through equity crowdfunding? Followed by What is the likelihood…
Equity crowdfunding is awesome! There, I have said it. Most lawyers seem to be against equity crowdfunding under new Regulation Crowdfunding and Title III of the JOBS Act, especially those at big firms. They talk about how investors will get ripped off by shysters and…
In this article, I take a closer look at capital raising before Regulation A Offering and some key items to consider. This is a necessary follow-up to my December 2015 article entitled “How to Fund the Expenses of Regulation A Offering,” which describes how issuers that desire…
