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HTMLSo You Want to Be a Crowdfunding Portal? Top 10 Traps for the Unwary
Michael J. Burwick, Eliza Sporn Fromberg; Day Pitney LLP;
Legal Alert/Article
January 14, 2014, previously published on January 10, 2014
While both startups seeking capital and investors on the prowl for the next big thing have been quick to endorse equity crowdfunding, there's a third group that sees exciting opportunities in this new capital fundraising scheme: prospective funding portals. This year, we'll witness the creation of...

 

HTMLSREC-II Begins the Next Chapter of Solar in Massachusetts
Andrew L. Bobenski, Eric K. Runge; Day Pitney LLP;
Legal Alert/Article
January 8, 2014, previously published on January 6, 2014
The Department of Energy Resources (DOER) began 2014 by proposing on Friday, January 3, new regulations for furthering Massachusetts Governor Deval Patrick's goal of 1,600 megawatts of solar generation in the Commonwealth by 2020. These regulations, which are in draft, outline the details for a new...

 

HTMLProposed Crowdfunding Rules: The Storm Before the Calm?
Jeffrey A. Clopeck, Lane T. Watson; Day Pitney LLP;
Legal Alert/Article
October 29, 2013, previously published on October 25, 2013
Almost a year and a half after Congress passed the Jumpstart Our Business Startups (JOBS) Act in April 2012, and following scores of subsequent comment letters, the SEC finally released its proposed rules regarding equity-based crowdfunding on October 23, 2013. The SEC's press release heralding the...