ALI CLE Provides New Program Discussing Crowdfunding Rules After JOBS Act

PHILADELPHIA, Oct. 13, 2014 /PRNewswire-USNewswire/ — American Law Institute Continuing Legal Education is pleased to announce its upcoming program: The New Face of Capital Formation. This year’s conference is being held November 20 – 21, 2014, in San Francisco, CA.

View photo

.

ALI CLE

The JOBS Act of 2012 opened the doors for a SEC proposal that would allow investors to raise capital through popular, internet based crowdfunding sites. Under the proposal, a company would be permitted to use a crowdfunding portal to offer securities and raise up to $1 million in any 12-month period from an unlimited number of investors regardless of their net worth or sophistication. While the market awaits the crowdfunding regulations, promoters are already having success with accredited investor crowdfunding and forms of capital raising that do not involve a securities offering, such as Kickstarter and RocketHub.

The JOBS Act of 2012 upended private placements, permitting general solicitation and public advertising for the first time and calling for the promulgation of SEC rules to permit crowdfunding and to provide for a new, larger, and more useful form of Reg A for offerings up to $50 million (called Reg A+). While the market awaits the crowdfunding regulations, promoters are already having success with accredited investor crowdfunding and forms of capital raising that do not involve a securities offering, such as Kickstarter and RocketHub.

The JOBS Act also brought a revolution in IPOs for emerging growth companies (EGCs), providing for relaxed disclosures and confidential filings. It also raised the threshold for mandatory registration under Section 12(g) of the Securities Exchange Act of 1934 from 500 to 2,000 shareholders of record, thereby creating an entirely new creature – the very large private company funded through the use of public advertising.  In this environment, every lawyer engaged in capital-raising at any level must have current expertise in private placements and Regulation D, as well as in the new options for capital formation, such as Regulation A+.

This highly-engaging and all-new CLE program on capital formation reviews current and developing issues in private placements and explores how private placements will work in the new regulatory environment. “Our task is to convey and talk with attendees about the New Face of Capital Formation. We look forward to the challenge,” said planning chair Alan Berkeley.

Join us for this program and get an overview, a sophisticated perspective, and a practical understanding of the developments and concerns of those undertaking private placement offerings today. For more information or to register, click here.

About American Law Institute Continuing Legal Education American Law Institute CLE is the continuing legal education division of the American Law Institute. American Law Institute CLE, a non-profit organization, is committed to the work of promoting continuing professional education for lawyers throughout the United States and to creating standards to ensure quality and relevance in CLE programs. American Law Institute CLE is constantly evolving to meet the needs of the legal profession, furthering a tradition of unparalleled service to lawyers. For more information go to www.ali-cle.org.

CONTACT: Danelsy Medrano Senior Digital Marketing Manager ALI CLE (215) 243-1622 dmedrano@ali-cle.org

Logo – http://photos.prnewswire.com/prnh/20141013/151736LOGO

SOURCE American Law Institute CLE

Tags: , , , ,

HEADLINE NEWS

Redding Record SearchlightCrowdfunding isn't about buying but about donatingRedding Record SearchlightImagine you're an innovator with a big idea but not a lot of cash to bring the idea to fruition. You spend some of your own money up front to design a cool demo, and then yo [...]

Can-Do Playground featured in national park crowdfunding campaignHockessin Community newsThe Can-Do Playground at Alapocas Run State Park was selected to be featured on the national crowdfunding site Fund Your Park by the National Recreation and Park Association. The crowdfunding camp [...]

City A.M.Identifying the risks of crowdfundingCity A.M.With the market recently hitting £10bn, crowdfunding is no longer a small fish in the big finance pond. But as the sector expands, it's also becoming more complex. Some say crowdfunding operates on the fringes of mainstream f [...]

NDTVCrowdfunding Restores Ponds In Drought-Hit Tamil NaduNDTVCrowdfunding is growing in popularity in the country as a means to finance medical emergencies, help underpriviliged people and assist during disasters. Environmental causes - from planting trees to cleaning beaches - is a r [...]

TechCrunchSnopes seeks crowdfunding in ownership battleTechCrunchHow many times have you heard some urban legend, chain letter or misleading bit of news repeated and immediately found a thorough, fact-based debunking on Snopes? Like every damn day for the last 20 years or so, right? S [...]

Sactown MagazineWe the PeopleSactown MagazineI believe people instinctively want to improve their neighborhoods, and crowdfunding sites are giving them a low-risk, low-cost and high-impact way of doing just that. One popular category of civic campaigns is for parklets—those bite-sized [...]

Vermont Public RadioAs Regulations Change, Interest In Equity Crowdfunding GrowsVermont Public RadioWhat's often called 'equity crowdfunding' is giving businesses, especially start-ups, a way to raise money when they can't access capital from traditional sources, l [...]

MashableStudy shows women are way better than men at crowdfundingMashableMale investors often don't fully understand the value of ideas women entrepreneurs pitch them. They throw capital at food delivery service after food delivery service, but ignore ideas that cater to groups t [...]

YouCaring Selected as Preferred Crowdfunding Platform for Major League BaseballMarkets InsiderSAN FRANCISCO, July 26, 2017 /PRNewswire/ -- YouCaring today announced that it has entered into a partnership with Major League Baseball (MLB) to bring crowdfunding to the Big Leagues. Throug [...]

ForbesWhy Crowdfunding Is Still Booming, Especially For Chinese Tech CompaniesForbesBased on recent media reports, it looks like crowdfunding is now in the "disillusionment" phase of the famous Gartner hype cycle, after peaking a few years back. I will argue that crowdfundin [...]

CFB Finance

Marketwired

  • Crowdfunding
  • Crowdfund
  • Peer to Peer Lending
  • FinTech
  • Reg A+
  • Reg CF
  • Crowdfunding USA

Press Release

Live Crowdfunding .tv

What's Next Step in Regulation A+ JOBS ACTS Title IIII :L Interview : Steve Cinelli with Brian Korn Securities and Crowdfunding/Peer-to-Peer Lending Lawyer, Watch more video library | Conference | Interview | Campaign Showcase | Research | Education |