Crowdfunding Update (2019)

On April 5, 2012, President Obama signed into law the Jumpstart Our Business Startups (JOBS) Act, containing some of the most dramatic changes to the federal securities laws since the 1930s. Under the Act, startups and early stage companies can use “general solicitation” and “general advertising” methods to promote their offerings, and use crowdfunding websites to sell debt, equity and real estate securities to the masses. The Act also dramatically liberalized Regulation A in an effort to make it more attractive to early-stage companies which traditionally have shied away from this “mini-IPO” rule.

During the next four years, the SEC adopted key regulations under the JOBS Act, culminating in the adoption of Regulation Crowdfunding, which became effective on May 16, 2016. How has crowdfunding evolved in the three years since? What have we learned from the thousands of offerings that have taken place, and what can we expect from the SEC and other regulators going forward?

In this program, an “all star” panel of leading crowdfunding lawyers and other experts will address the practical issues raised by the JOBS Act, the questions your clients will raise about crowdfunded offerings of securities, and the role of counsel in facilitating this “brave new world” of capital formation.

Speakers:

Clifford R. Ennico, Esq. | Law Offices of Clifford R. Ennico

Aryeh Friedman, Esq. | SeedInvest

Aaron Kellner | SeedInvest

Mark S. Roderick, Esq. | Flaster & Greenberg

Clem G. Turner, Esq. | Chiesa Shahinian & Giantomasi PC