Canadian Corporate & Securities Lawyer
The European Crowdfunding Network released today a Review of Crowdfunding Regulation – Interpretations of existing regulation concerning Crowdfunding in Europe, North America and Israel (the Report). The Report discusses Crowdfunding regimes in 29 countries including Canada and the United States. It is the first ever compilation of its kind with authors from various law firms […]
The United States Financial Industry Regulatory Authority (FINRA) published its proposed “Funding Portal Rules” and related forms for SEC registered funding portals that become FINRA members under Regulation Crowdfunding (Title III of the JOBS Act). The comment period ends on February 3, 2014.
The United States Securities and Exchange Commission (SEC) finally released its long awaited proposed rules for equity Crowdfunding under Title III of the JOBS Act. Today’s proposed rules comes with a 90-day comment period which start from the date they are printed in the Federal Register. That means equity Crowdfunding could become a reality by Q1 of 2014.
Dean Murrison, Director of the Financial and Consumer Affairs Authority, the Saskatchewan securities regulator, is quoted in a news article on why Saskatchewan is seriously considering equity crowdfunding, where he is quoted as saying, “There’s lots of other work being done on crowdfunding among the Canadian Securities Administrators and we’re participating in that … But we […]
At the May 2013 Annual Conference of the Exempt Market Dealers Association of Canada, I was privileged to moderate a panel discussing various proposed capital raising exemptions under consideration by the Ontario Securities Commission (OSC) including the Offering Memorandum Exemption which remains unavailable in Ontario. In a recent OSC progress report in August 2013 involving […]
