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Search results for: amendments

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A Look at the Proposed Amendments to the Crowdfunding Bill
Crowdfunding

Wednesday, the Senate cloture vote on H.R. 3606, better known as the JOBS Act, passed 76-22--the package will allow companies to offer securities to non-accredited investors via crowdfunding platforms. The JOBS Act passed the House by a 390-23 vote on March 8 and in a rare showing of bipartisan agreement on the economy during an election year. The Obama administration has expressed support for the JOBS Act, which the President intends to sign into law when the legislation reaches his desk.

Immediately after affirming the vote, Senators Jeff Merkley (D-OR) and Senator Scott P. Brown, (R-MA) and Jack Reed (D-RI) proposed two additional amendments.

 

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Carl EspostiMar 21, 2012 08:13 pm GMT9175 views
08
FInal Merkley Amendment to JOBS Act is a Must for Crowdfunding
blog Crowdfunding

In order for the Crowdfunding Accreditation proposed by Crowdsourcing.org and Startup Exemption to work, there must be at least a requirement that those looking to offer stock for equity...

Freeman WhiteMar 21, 2012 10:44 pm GMT1686 views
00
FInal Merkley Amendment to JOBS Act is a Must for Crowdfunding
#Crowdfunding Amendment and #JOBSAct Pass in #Senate!
blog Crowdfunding

Both Senator Merkley’s amendment to JOBS Act passed 64-35 and the full JOBS Act itself passed 73-26 in the Senate today! This is great news! The JOBS Act will go to a floor vote in the House of...

Freeman WhiteMar 22, 2012 05:48 pm GMT3212 views
00
#Crowdfunding Amendment and #JOBSAct Pass in #Senate!
Constitution Amendment: Is a Referendum Really Unconstitutional?
article Distributed Knowledge

In more advanced democracies, legislatures hold public hearings, town hall meetings, caucus meetings and even referendum to aggregate the views of the members of their constituencies in respect of...

Harshida PatelNov 28, 2012 03:34 am GMT1614 views
00
Constitution Amendment: Is a Referendum Really Unconstitutional?
U.S. House of Representatives Passes H.R. 2930, the ‘Entrepreneur Access to Capital Act’
Crowdfunding

On November 3, the U.S. House of Representatives voted almost unanimously to pass Representative McHenry’s (R-NC) H.R. 2930 bill, the ‘Entrepreneur Access to Capital Act’.

Of the 241 house republicans, 238 voted in favor of H.R. 2930 and three abstained; of the 192 democrats, 169 voted in favor of the bill, 17 voted against it, and six didn’t vote. The bill will progress to the Senate within the next few weeks, and should it pass, it could be implemented as early as the first quarter of 2012.


Four of six proposed amendments to H.R. 2930 passed, including one by Representative McHenry that limits “the aggregate annual amount raised through the issue of the securities to $5,000,000 or less.” Also, individual investments in securities are limited to an annual amount of $10,000 and no more than 10% of the investor’s gross income.

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Eric BlattbergNov 04, 2011 11:26 pm GMT5681 views
14
UPDATE: Vote on Crowdfunding Bill Postponed

Today was not meant to be the day that the JOBS Act and the provisions to legalize crowdfunding for equity within it move forward. Democratic efforts to add amendments to the bill were blocked by Republicans, who responded by postponing any further action on the package until Wednesday.

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Eric MackMar 20, 2012 11:09 pm GMT2713 views
250
Senate Considers JOBS Act, Again
document Crowdfunding

After a procedural vote to consider the bill passed Wednesday morning, debate resumed on investor protections. Much of the debate centers on the provisions for crowdfunding, and additional debate...

Tim SatterthwaiteMar 22, 2012 12:10 am GMT1501 views
10
Senate Considers JOBS Act, Again
Senate Passes JOBS Act, Approves Bipartisan Amendment Safeguarding Investors

The Senate this afternoon passed H.R. 3606 — colloquially referred to as “the JOBS Act” or “the crowdfunding bill” — on a 73-26 vote. The package, which loosens a number of federal regulations, will allow startups and small businesses to solicit investments via the Internet.

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Eric BlattbergMar 22, 2012 06:52 pm GMT4627 views
771
Congress sends business bill with Bennet's crowdfunding amendment to Obama
document 

The bill is a rare example of Congress passing bipartisan legislation. Obama’s support for the bill won over many Democrats, although some were concerned the legislation could make it easier for...

Jason RobbinsMar 29, 2012 10:08 am GMT1587 views
00
Congress sends business bill with Bennet's crowdfunding amendment to Obama
Proposed Internet crackdown in Russia leads to Wikipedia blackout in protest
document Distributed Knowledge

Here’s what Wikipedia had to say about this today (translated into English): " Lobbyists and activists supporting the amendments, argue that they are directed exclusively against the...

Fritz SchaeferJul 10, 2012 03:09 am GMT1223 views
10
Proposed Internet crackdown in Russia leads to Wikipedia blackout in protest
Crowdsourcing Changes To A Nation’s Constitution
document Crowd Creativity, Distributed Knowledge, Tools

Possibly one of the biggest benefits for government is that crowdsourcing is one of the best ways to get up close and personal with people (being governed) again and help make government truly...

Luis Enrique MoralesJun 22, 2011 12:31 am GMT2345 views
10
Crowdsourcing Changes To A Nation’s Constitution
Proceed at Your Peril: Crowdfunding and the Securities Act of 1933
document Crowdfunding, Distributed Knowledge

This article first shows how crowdfunding interests may be securities under the Securities Act and describes key legal effects of that security status—including the requirement of registration...

Archenette EvangelioJul 07, 2011 12:21 am GMT6078 views
110
Proceed at Your Peril: Crowdfunding and the Securities Act of 1933
Constitutional crowdsourcing site launched
document Distributed Knowledge

Wathiqah was developed by volunteers at a series of hackathons at Stanford University. After a round of amendments, the site now boasts six guiding principles and seven proposed articles. The...

Adam FrazerJul 16, 2011 12:56 am GMT1935 views
10
Constitutional crowdsourcing site launched
Reforme
site Distributed Knowledge / Government & Politics

When Moroccan King Mohamed VI created a committee to revise the Moroccan constitution, crowdsourcing site Reforme was set up. The site enables Moroccans to post their opinions or their choices...

Tim SatterthwaiteJul 16, 2011 01:32 am GMT1141 views
10
Reforme
How You Can Help Netflix Integrate With Facebook In The U.S.
document 

Given how vocal Netflix subscribers have been on social media about negative aspects of the service, here's an opportunity for those subscribers to harness the same passion for something...

Luis Enrique MoralesJul 28, 2011 02:33 pm GMT1021 views
10
How You Can Help Netflix Integrate With Facebook In The U.S.
Useless or Faceless?
document Crowd Creativity, Distributed Knowledge

Balancing the three decision-making prerequisites is clearly a challenging endeavor, sometimes more difficult than the problem itself. As a result, some of the best decision-making methods use...

Fritz SchaeferAug 03, 2011 10:21 pm GMT1629 views
10
Useless or Faceless?
White House Creates Crowdsourcing Site
document 

The US government's new crowdsourcing site, We the People, allows you to exercise your first Amendment right to petition the government directly. You share your petition on Facebook, Twitter,...

Fiona MaresSep 08, 2011 05:19 am GMT1662 views
50
White House Creates Crowdsourcing Site
Icelandic Model’ might serve Turkey’s constitutional reform
document 

The novel effort of Turkish has yielded some pioneering of legal concepts. Clauses for prevention of discrimination, for example, include protections for “genotype.” Its section on human rights...

Tim SatterthwaiteOct 20, 2011 05:42 am GMT2220 views
10
Icelandic Model’ might serve Turkey’s constitutional reform
Is crowdfunding startups a solution, or just another problem?
document Crowdfunding, Distributed Knowledge

The proposed bill would allow anyone to invest in a company provided that that person didn’t contribute more than $10,000 a year—or 10 percent of their annual income,whichever is smaller....

Adam FrazerNov 01, 2011 11:05 pm GMT1453 views
11
Is crowdfunding startups a solution, or just another problem?
How They Voted
document Crowdfunding

The House passed the Entrepreneur Access to Capital Act (H.R. 2930), sponsored by Rep. Patrick T. McHenry, R-N.C. The bill would amend securities laws to allow companies to sell unregistered...

Samuel BennettNov 06, 2011 08:48 am GMT1369 views
00
How They Voted
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