Blockchain Technology, Crowdfunding An equity and debt based crowdfunding portal built on Blockchain technology is set to begin offering crowd-sourced financing opportunities to non-accredited investors under Minnesota’s MNvest crowdfunding legislation. Silicon Prairie Online is the second platform available for interstate crowdfunding under MNvest, following the approval of Venture Near’s crowd-funding portal by the Minnesota... Read more →
Broker-Dealer, Consumer Protection, Crowdfunding, Investment Advisers, Private Equity On Monday, the House of Representatives passed the Creating Financial Prosperity for Businesses and Investors Act (H.R. 6427) (the “Act”) by a vote of 398 to 2. The Act is... Read more →
Minnesota’s First Crowdfunding Portal Approved, But The Question Remains: Will Anyone Actually Use It?
Crowdfunding On November 9, 2016, the Minnesota Department of Commerce approved the first crowdfunding portal operator, VentureNear.com, under the crowdfunding legislation known as MNvest. As... Read more →
Crowdfunding, Public Companies and Securities The SEC recently revised Rule 504 of Regulation D to increase the amount of securities that can be offered in any 12-month period from $1,000,000 to $5,000,000. Among other... Read more →