Locavesting Staff | October 21, 2016
Intrastate crowdfunding is poised to take a giant leap forward next week when the S.E.C give a thumbs up—or down—to important changes proposed to two key exemptions that underlie all state-based crowdfunding activity. The Commission will meet on Wednesday morning to consider whether to adopt rule amendments related to Securities Act Rules 147 and 504 […]
Ryan Flynn | June 7, 2016
Localstake is a sponsor of Locavesting Regulation Crowdfunding has been the law of the land for a few weeks now. But if you’re still unsure whether it can help your business, you’re surely not alone. The rules surrounding this new exemption are complex, in part because it allows companies to market their securities to the […]
Locavesting Staff | January 6, 2016
Will this be the year that intrastate crowdfunding catches fire? The answer may depend upon the Securities & Exchange Commission, which is considering updates to a federal rule that underlies the vast majority of intrastate crowdfunding laws. After a public comment period ends on Monday, the agency will begin deliberating on changes that could make—or […]
Amy Cortese | December 17, 2015
Localstake is a securities-based crowdfunding platform with strong financial and Midwestern roots. Launched in late 2013 by a founding team of investment banking and wealth management professionals, the Indianapolis-based company has raised $4.5 million to date for 15 issuers, mostly small businesses based in the Midwest. We talk to cofounder Ryan Flynn about the company’s […]
Locavesting Staff | October 30, 2015
Let the great experiment in financial democratization begin! The SEC on Friday adopted final rules for Regulation Crowdfunding (aka Title III)—the last and most sweeping piece of the JOBS Act legislation, which was signed into law three-and-a-half years ago. With the move, the SEC opened up investment crowdfunding to the general public for the first […]
Amy Cortese | July 6, 2015
On July 1, as thoughts everywhere turned to the coming Independence Day holiday, securities regulators from New England’s six states gathered in Boston with a difference set of freedoms on their minds: how to streamline crowdfunding across their states and carve out a sensible approach to capital-raising in the region. The meeting was part of […]
