Category Archives: Rule 504

Will Intrastate Crowdfunding Finally be Fixed?

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 […]

Five Common Misperceptions About Regulation Crowdfunding

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 […]

SEC Move Could Determine the Fate of Intrastate Crowdfunding

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 […]

Crowdfunding Profile: Localstake Boosts Community Investment in the Midwest

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 […]

New England States Pursue a Regional Approach to Crowdfunding

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 […]