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The Senate Banking Committee has held two hearings on these proposals and will hold another hearing the week of March 5,Reid said.And Karen Kerrigan, president and chief executive officer of the...
Today, however, the outlook for the bill isn’t so sunny. SEC Chairman Mary Schapiro sent a letter to senators this week that contended the bill “would eliminate important protections for...
Crowdfunding is about bringing back community business. It's about freedom of choice. It's about re-gaining freedom of one's voice. It represents what people used to call "The...
In the Senate version, crowds looking to fund new business ideas will have to do so through approved portals, many of which have been been gearing up to funnel cash into new companies once this...
In an effort to address some of these concerns, Senate Democrats added several amendments to the legislation that would increase protections for investors. Under the Senate version of the bill,...
New York State Senator Greg Ball is not the only politician to use Facebook and Twitter to reach out to voters. According to tweetcongress.org, a website that tracks members of Congress on the...
Senate Business and Commerce Committee got nearly 1,000 hits — a record, said committee director Steven Polunsky. "Crowdsourcing has worked in the phases of what's the problem and what...
According to Congressman Patrick McHenry, trying to predict what the Senate will or won’t do is beyond any individual, even a senator. But he is very hopeful that there will be action in the...
The president’s tax plan would reward some sectors, such as manufacturers and clean energy companies, which would continue to receive targeted tax breaks. But it would penalize other sectors, such...
Senators suggested Tuesday, March 6, their companion bill could have differences. Several on Tuesday expressed concern that a House provision opening the door to crowdfunding over the Internet...
Julian Assange’s house arrest has done little to slow Assange down. News has it that the WikiLeaks founder will be hosting his own TV show, and in the meantime he has been busy, showing up at...
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...
The Senate passed the JOBS Act today which includes a provision legalizing crowdfunding for equity.
Colorado U.S. Senator Michael Bennet today conveyed to the U.S. Securities and Exchange Commission (SEC) feedback he has received from Coloradans on the crowdfunding provision he authored in the...
In the Apple App Store, applications like PhantomAlert, Trapster, iRadar and others claim to help drivers avoid speed traps, police checkpoints and other traffic stops by crowdsourcing the reports...
Author Audrey Watters provides some data stories that caught her eye, such as the following: 1. Pete Warden and Alasdair Allan made headlines with the story of their discovery of an iPhone file...
Lost in the celebration was that the Senate Armed Service Committee, just days before, recommended drastically cutting back Darpa’s budget — and singled out the crowdsourced vehicle project as a...
“Crowd fund investing will give small business owners and entrepreneurs access to sources of capital they currently cannot tap into without triggering complex SEC rules. With common sense reforms,...
Senator Kate Lundy will discuss the Open Government agenda, and how open data, open standards and open technologies underpin the capacity for government to be transparent, participatory and engaged...
Specifically, David has been following up by assessing the more detailed written materials submitted by the witnesses at the hearing.One thing David pointed out is that Jack Herstein's, (a...
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