March 18, 2014
12:00 – 1:00 p.m.
1.00 MCLE hours
“Crowd-funding” is an innovation under securities law that allows companies to raise capital from small investors using certain online platforms. Companies are able to raise capital from investors that would not otherwise qualify to participate in securities offerings. The idea behind the new law is to open new sources of capital for companies that are too small for public offerings and too big for private offerings. Disclosure and solicitation rules vary from existing securities law, but there are still substantial regulatory requirements that must be satisfied or give rise to liability for the issuer and others. This program will provide you with a practical guide to the new crowd-funding law, the types of companies for which crowd-funding will work best, the practical process of working with online platforms to raise capital, and how crowd-funding law alters existing securities law requirements.
Jeffrey A. Koeppel, Kirk Halpin & Associates, P.A., Maryland