JD Alois

6 days ago | crowdfundinsider.com | JD Alois

Nansen is out with a report on the Stable Act, the legislation that creates a regulatory environment for fiat based stablecoins, and who is most likely to benefit. The report notes that yield-bearing, decentralized offerings will be no more as the digital dollar must be full reserve assets issued by licensed firms. Currently, Tether (USDT) and Circle (USDC) are the top providers of digital dollars. Circle is based in the US, but Tether recently moved its HQ to El Salvador.

6 days ago | crowdfundinsider.com | JD Alois

The Trump Media and Technology Group (NASDAQ:DJT) has issued a statement claiming stock price manipulation. Shares in DJT have traded between $11.75 to $56.55 in the past twelve months. Shares closed yesterday at around $22. Trump Media, affiliated with President Trump and his family, is the operator of the social media platform Truth Social.

1 week ago | crowdfundinsider.com | JD Alois

During the Biden Administration, the Consumer Financial Protection Bureau (CFPB) enacted new rules designed to eliminate “bank junk fees.” While popular on the surface, the new rules did little to address the various levels of risk and the ability to provide credit. In March of last year, the CFPB celebrated the closure of a “loophole” that lowered, on average, credit card late fees from $32 to $8.

1 week ago | crowdfundinsider.com | JD Alois

It was recently reported that securities crowdfunding data provider KingsCrowd had announced the acquisition of CrowdCheck. CrowdCheck has been a mainstay in the securities crowdfunding sector. Founded by OG Sara Hanks, an attorney, CrowdCheck was one of the top legal firms assisting companies in filing documents for online securities offerings under the various exemptions. A combination of a fair price and deep experience made CrowdCheck a favorite firm for Reg A filings.

1 week ago | crowdfundinsider.com | JD Alois

Regulation A or Reg A+ will be the topic of discussion for the SEC’s next Small Business Capital Formation Advisory Committee (SBCFAC) meeting which will take place on May 6th. The announcement of the topic shares that the Committee will review how firms are using the securities exemtion and then discuss the limitations and advantages of using the vehicle for online capital formation.