Yes, hard-charging entrepreneurs face a real risk of getting bored with building the business. When does this happen? When success hits, bureaucracy builds, and meetings and committees start interfering with a founder's focus on vision, strategy and risk-taking. Or it can happen when a smart...
I am off to sunny south Florida to attend this week's National Investment Banking Association conference. NIBA is an over 30 year old group of investment banks concentrating on small and microcap companies. There are always interesting companies and panels and I am very much...
After unanimously sailing through the House Financial Services Committee back in November, the full House of Representatives, in a lopsided 412-4 vote, last week passed HR 3448, known as The Small Cap Liquidity Act of 2013. The bill now moves to the US Senate for...
I was recently interviewed for a Podcast on the UR Business Network show, "Way Off Wall Street" with Marshall Sterman. The 20-minute interview can be found at http://urbusinessnetwork.com/david-feldman-expert-securities-attorney-way-wall-street-marshall-sterman/. I cover entrepreneurship, going public, Regulation A, crowdfunding, IPO alternatives, the regulatory environment, you name it! If you...
A few weeks ago at a keynote speech in California, SEC Chair Mary Jo White covered a wide range of topics in the world of securities regulation. The speech also referenced crowdfunding and Regulation A, both the subject of current pending rulemakings awaiting final action...
As we get ready to enjoy football's Super Bowl here in the US today, we also think about the mega millions made by the league, teams, sponsors and merchants in promoting the big game. The National Football League strongly protects its Super Bowl trademark and...
The North American Securities Administrators Association (NASAA, not to be confused with the space agency) is pushing to allow states to have a chance to complete a merit-based review of offering documents under the newly proposed Regulation A+ (see prior posts). Recall that this has...
The New York Times today, reporting from the Consumer Electronics Show, talks about the newest exciting addition to technology: "smart" televisions. Having just shopped for a few new TVs, this is clearly all the rage. Connecting your TV to your computer or to the Internet...
Happy almost New Year everyone (except if you are in Sydney where it is already 2014)! I spent part of my holiday reading the 300+ page SEC proposal to overhaul Regulation A. My grade: Regulation A+ gets very close to an A+ on substance. If...
I am just starting to get through the recently released 300+ page rule proposal from the SEC on so-called "Regulation A+." The Jumpstart our Business Startups (JOBS) Act required the SEC to change rules to allow simplified IPOs under old Regulation A to be more...