Posts Tagged ‘ Department of Labor’ ’

How Department of Labor’s “Fiduciary” Rule Could Cripple IRA Choices on Crowdfunding

How Department of Labor’s “Fiduciary” Rule Could Cripple IRA Choices on Crowdfunding

ByJohn Berlau CrowdFunding Beat Sr. Guest Editor, March 3, 2015 Last week, President Obama called on the Department of Labor to “update the rules and requirements that retirement advisors put the best interests of their clients above their own financial interests.” At a speech at the American Association of Retired Persons, the president proclaimed, “You want to give financial advice, you’ve got to put your client’s interests first. “ Yet, if the regulation the DOL is set to introduce at the president’s behest is anything like the “fiduciary” rule it proposed in 2010—and withdrew upon a groundswell of protest the next year—the government’s definition of “best interest” will likely…

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ThinkAdvisorNASAA Warns of Marijuana-Related Crowdfunding ScamsThinkAdvisorThe North American Securities Administrators Association warned investors Monday to be wary of marijuana-related crowdfunding ventures and other risky or potentially fraudulent schemes that could swindle them o [...]

ForbesThe Celebrity Who Loves Crowdfunding: Lala Anthony Hosts New Series Featuring Female EntrepreneursForbesIt's been proven that funders clicking through projects on crowdfunding sites seem to prefer early-stage, female-led ventures, and one celebrity is looking to highlight t [...]

Positive.NewsCrowdfunding flower power in WalesPositive.NewsResidents in north Wales decided to act to help a local patch of land flourish. They hope their successful crowdfunding campaign will help them continue restoring this “beautiful meadow”. Locals launched the Gweld y ddôl – Se [...]

The Drinks BusinessBrewdog raises over £26 million from donors in 5th crowdfunding roundThe Drinks BusinessThe company secured £26.2 million from around 50,000 investors in its fifth crowdfunding campaign, bringing its total number of investors close to 94,000. The campaign — which th [...]

Q13 FOXCrowdfunding a castle in FranceQ13 FOXEver dreamed of owning a fairy-tale castle in the French countryside? Now you can — and it'll set you back a mere $58. A crowdfunding project to restore the medieval French chateau of Ebaupinay, in the Deux-Sevres region of western Fra [...]

TechCrunchOn-demand pharmacy startup NowRx raises $7 million Series A round through crowdfundingTechCrunchNowRx, an on-demand pharmacy solution of sorts, just closed a $7 million Series A round via the SeedInvest crowdfunding platform. The company had previously raised a $3 million se [...]

Kerala to launch crowdfunding platformThe New Indian ExpressTHIRUVANANTHAPURAM: The state government's crowdfunding initiative to rebuild the flood-ravaged state will begin on Tuesday. The implementation of various rebuilding project will be entrusted with credible agencies, appr [...]

India TodayKerala CM launches online crowdfunding platform to rebuild stateIndia TodayKerala Chief Minister Pinarayi Vijayan on Tuesday (October 16) launched an online platform, seeking the support of people from across the world in rebuilding the state from ruins of the August mega f [...]

American Thinker (blog)Hey, lefties! Remember all that crowdfunding cash you paid to Stormy Daniels?American Thinker (blog)The satisfying conclusion to the rest of us just goes to show that crowdfunding can be more than bribery; it can actually backfire. That seems to be what's h [...]

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