Rep. Ann Wagner (R-MO) It took until just before Memorial Day, but apropos timing as the House Financial Services Committee, on May 22, officially approved 11 bills to help small businesses with capital formation and growth. Many on the Hill are fashioning this group of bills...
This week the House Financial Services Committee appeared to approve a bunch of bills designed to help small companies and create a logical follow up to the Jumpstart our Business Startups (JOBS) Act of 2012 which got the ball rolling. The final vote tally will...
I'm off to the City of Lost Wages to speak at the Growth Capital Expo (www.growthcapitalexpo.com) this week. It's the first conference from this group which includes some experienced folks who have run many conferences in our space over the years. There are lots of...
According to a recent report from the New York Stock Exchange, IPOs are back. The year 2013 saw the most IPOs since 2007, at 200 (this did not include SPACs). This in the first full year after passage of the Jumpstart Our Business Startups (JOBS)...
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'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...
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...
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...