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...
Andrew Greene is the lawyer who was in charge of corporate finance at defamed brokerage firm Stratton Oakmont, depicted in the hit movie "The Wolf of Wall Street". As we know the movie is based on the book of the same name by convicted felon...
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...
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...
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...
Many intermediaries and consultants who assist companies in the going public process offer a "turnkey" solution that includes helping bring you the entire team necessary to complete the steps to a public trading stock. When interviewing potential advisors, ask whether they do recommend other professionals...
I spent yesterday in Washington attending the SEC's annual symposium on small business capital formation. Congress mandated about 25 years ago that the SEC hold this conference annually. There are panels in the AM and breakout groups in the afternoon that develop recommendations for the...