Banking and Finance

Recent Posts

What Does the Future Hold for Crowdfunding Legislation?
Posted on 18 Nov 2011 by Alexander Davie

Previous, I summarized the Entrepreneur Access to Capital Act (H.R. 2930) , a bill which provides for a crowdfunding exemption to the registration requirements of federal and state securities laws. The bill was recently passed by the U.S. House of... Read More

The JOBS Act: Creating Jobs, or a Replay?
Posted on 26 Mar 2012 by Thomas O. Gorman

As the 1990s drew to a close Congress passed legislation signed by the President ensuring the deregulation of the derivatives markets. At the time CFTC Chairwoman Brooksley Born was one of the sole voices of dissent. Less than ten years that dissent... Read More

Dick Phillips, Alan Berkeley and Stan Keller Discuss the JOBS Act.
Posted on 17 Apr 2012 by Corporate and Securities Law Community Staff

On this edition, Dick Phillips and Alan Berkeley of K&L Gates and Stan Keller of Edwards Wildman discuss the JOBS Act (Jumpstart Our Business Startups Act), which was signed into law April 5 by President Obama. They provide an overview of the legislation... Read More

Bill Creating Crowdfunding Exemption from Securities Registration Passes U.S. House of Representatives
Posted on 11 Nov 2011 by Alexander Davie

On November 3, 2011, the U.S. House of Representatives voted overwhelmingly to pass the Entrepreneur Access to Capital Act (H.R. 2930). The bill creates an exemption from the registration requirements of the Securities Act of 1933, adding a new Section... Read More

A Masterstroke of Some Kind: Crowdfunding and the JOBS Act
Posted on 17 Sep 2012 by Corporate and Securities Law Community Staff

"Everyone agrees the title was a work of pure genius," says Dick Phillips of K&L Gates in a recent podcast , referring to the Jumpstart Our Business Startups (JOBS) Act. "It's impossible to vote against in an election year."... Read More

Next Steps for the JOBS Act
Posted on 28 Mar 2012 by Doug Cornelius

The Jumpstart Our Business Startups Act, as amended by the Senate, was voted on by the House of Representatives yesterday and passed 380 to 41. That makes it a very bi-partisan bill, even though a ll 41 "Nays" were Democrats . If I remember... Read More

Crowdfunding Under the JOBS Act: The Bottom Line Impact on Private Equity Issuers and Market Intermediaries
Posted on 2 May 2012 by Corporate and Securities Law Community Staff

by Jonathan B. Wilson and Dianne L. Trenholm Excerpt: On April 5, 2012, President Obama signed the Jumpstart Our Business Startups Act (the "JOBS Act"), H.R. 3606, into law calling it "a potential game-changer" for startup... Read More

Final Senate Version of Crowdfunding
Posted on 27 Mar 2012 by David N. Feldman

As we know, the Senate changed the version of the Jumpstart our Business Startups (JOBS) Act in only one way, they added an amendment, drafted by Sen. Merkley (but also supported by Sens. Bennet and Brown), which added more investor protections to... Read More

Some New Financial Legislation is Moving Along
Posted on 14 Oct 2011 by Doug Cornelius

Four bills made their way through the Capital Markets and Government Sponsored Enterprises Subcommittee of the House Financial Services Committee. Private Company Flexibility and Growth Act (H.R. 2167) Access to Capital for Job Creators... Read More

Crowdfunding the Crowdfunders
Posted on 5 Apr 2012 by Doug Cornelius

With President Obama set to sign the Jumpstart Our Business Startups Act on Thursday, it seems the race is on to create a crowdfunding portal and to start making money. Crowdfunding has been around for a long time and the use of a crowdfunding portal... Read More

In Spite of What You May Have Heard, the Senate Just Effectively Killed Crowdfunding
Posted on 30 Mar 2012 by Alexander Davie

This last week, the Senate passed the " JOBS Act ," leaving it one step away from final passage by Congress and Signature by President Obama. The JOBS Act contains a number of provisions which are aimed at reducing the securities compliance... Read More