SEC crowdfunding Kickstarter

Six Deadly Sins



In a previous article in Crowdfund Insider on November 4, 2013, I identified a number of serious problems with the SEC’s proposed crowdfunding regulations. I also promised readers to share my opinions on what can and should be done by crowdfunding supporters to fix the problems – and how to do it. As I said then: “It will take a large and vocal crowd – and the wisdom and political will of the SEC to implement it.” With the February 3 SEC comment deadline fast approaching – regarding the proposed crowdfunding regulations – not very impressive by Kickstarter’s benchmarks for successful crowdsourced projects. Though there is likely to be a flurry of new comment letters as the February 3 deadline approaches, I remain concerned about the relative lack of comments, more than two months after the proposed regulations were made available to the public.

The time is at hand to crowdsource comments for the SEC!

It’s not a lot of fun to go through 585 pages of proposed regulations (my sympathies are with the SEC staff who wrote them). Some of the provisions which may seem innocuous at first read, upon further scrutiny have the potential to be “industry killers”.Doug Ellenoff and Kim Wales As I took my second deep dive into the proposed regulations, in preparation for two upcoming speaking engagements, I noticed a couple of these “industry killers.” Even more disconcerting, some of these “industry killers” have not been noted in the published articles or comments I have read to date.

On a more optimistic note, I have also concluded that some of the more major failings of the proposed rules do not eminate from the JOBS Act itself – which for now is written in stone. Rather, these failings are a product of the SEC’s collective wisdom. What this means is that there is an opportunity for the public to present concerns to the SEC, with a reasonable expectation that the SEC will listen – and hopefully fix the defects when it enacts final rules.

Is the SEC Trynig to Kill the Crowd The SEC can do plenty State of the Union Congress and Senate Wall Street Charging Bull (Wikipedia)

Echo Bay Books Crowdfunding Secrets: Tips, Tricks and Secrets To Funding Your Dreams (Quick and Easy Guides)
eBooks (Echo Bay Books)

Crowdfunding money to rebuild destroyed Montana

by mondoBLIND health clinic
Crowdfunding money to rebuild destroyed Montana family health clinic —
Since 1976, Susan Cahill of All Families Healthcare has been in family practice in Montana, offering compassionate family/reproductive health services -- including abortion. It is for this reason that her clinic was all but destroyed by violent thugs, who even trashed her irreplaceable personal mementos. An Indiegogo fundraiser has brought in about $32K so far...

iFunding Hosts Real Estate Professionals Mixer in VA/DC Area on May 18, 2014  — Virtual-Strategy Magazine
This is an opportunity for those in real estate investing to exchange information, learn about crowdfunding as a method of rapid fundraising for real estate projects, and enjoy complimentary drinks and hors d'oeuvres.

O'Reilly Media The Hardware Startup: Building Your Product, Business, and Brand
Book (O'Reilly Media) Funding & Fundraising Ideas
Mobile Application (
  • Five articles on the topic of raising money for business or nonprofits via loans, grants, investment, or other means
  • Ability to ask questions which are answered by a live entrepreneur (responses within 48 hours)
JD-Biz Corp Publishing How To Use Crowd-Funding To Raise Money For Your Business Ideas (Make Money Online)
eBooks (JD-Biz Corp Publishing)
McGraw-Hill The Crowdfunding Revolution: How to Raise Venture Capital Using Social Media
eBooks (McGraw-Hill)
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