A key subcommittee of the US House Financial Services Committee has announced a hearing tomorrow morning to begin consideration of a group of 7 bills that could coalesce into a large initiative to benefit small businesses and smaller public companies. Some are saying this, along...
I recently met with a young entrepreneur who just completed five years since her business began. Offering a very attractive and innovative service, she is appropriately proud and pleased with her success. After all, she beat the odds! Within 5 years, 50% of new businesses...
I guess we've all done things in our school days that in hindsight were very much in the "what was I thinking?" category. For a Cardozo first year law student (I'll spare him further name recognition), that moment may have been last December. Apparently two...
I'm reposting and updating the below, which first appeared here nearly a year ago. I remain determined in my quest for the major stock exchanges to consider some alterations to the reverse merger “seasoning” requirements instituted in November 2011. As we know, these restrictions were added...
A jury in federal court in Manhattan has spoken. They found that five of convicted swindler Bernie Madoff's employees knew that the multi-billion dollar Ponzi scheme he orchestrated was illegal and fraudulent. It looks like they are all headed for the hoosegow along with Bernie,...
Many seem a little confused by the flurry of regulatory activity in Congress and the SEC the last few years when it comes to small business and capital formation. Regulation D? Regulation A? Kickstarter? Crowdfunding? Which is which? Here's a few sentences so you can...
Sheryl Sandberg, the incredibly talented COO of Facebook, has helped reignite a debate about as old as the feminist movement and maybe the human race itself. What do women need to do in order to find equality not only in the workplace, but in the...
One of the biggest changes in the regulation of capital formation by smaller companies is coming. The revisions to SEC Regulation A, mandated by the Jumpstart Our Business Startups (JOBS) Act of 2012, have been proposed by the SEC. Comments must be submitted no later...
Yes, hard-charging entrepreneurs face a real risk of getting bored with building the business. When does this happen? When success hits, bureaucracy builds, and meetings and committees start interfering with a founder's focus on vision, strategy and risk-taking. Or it can happen when a smart...
Continuing my exodus from the annoyingly lingering New York winter, I am on my way to beautiful Laguna Beach, CA for the annual Roth Capital Conference. Richardson & Patel, my law firm, is sponsoring and I'm excited for the networking, education, friendships and entertainment (Weazer...