201605251500
Panelists: JOR LAW, LOUIS BEVILACQUA, SCOTT PURCELL, SCOTT ANDERSEN, JOHN LEO
Moderated by: KURT REUSS
On May 16, 2016, the JOBS Act "Crowdfunding" law came into effect. But what the government calls "Crowdfunding" is a narrow definition of what we generally refer to as crowdfunding.
Our discussion covers the various types of crowdfunding rules and more specifically, the general solicitation rules EB-5 issuers need be to aware of to raise money for their private placement offering.
Jor Law Homeier & Law |
Louis Bevilacqua Bevilacqua PLLC |
Scott Purcell Fund America |
Scott Andersen |
John Leo Primary Capital |
![]() Kurt Reuss EB5 Deals |
Crowdfunding vs Crowdfunding [00:04:00]
Crowdfunding defined Under Title II, III and I [00:12:20]
Verifying Accredited Investors Under 506(c) [00:18:03]
Concurrent Reg S and Reg D Offerings [00:21:30]
Could Reg D 506c Offerings Replace Reg S Offerings in EB-5 [00:38:38]
General definition of crowdfunding includes:
EB-5 issuers are generally looking at Rule 506(c), which permits general solicitation and advertising of private placements. The key requirement of Reg D - 506(c) is to verify that all investors are accredited.
What's involved in managing concurrent 506(c) and Reg S offerings?
What is the role of the broker-dealer in managing a successful Reg D - 506(c) offering?