Financing American firms

By on April 11, 2015

Add this article to your reading list by clicking this button

IN 1980, Massachusetts banned a new technology company from selling shares to the public there, worried that gullible residents would get swept up by the hype surrounding the venture. In retrospect, that proved a regrettable decision for Bay Staters: the firm in question, Apple, is now the single most valuable public company in the world. Future generations of startups seeking to raise money by selling equity should be given a smoother ride under new rules soon to come into force.

For all of Americas perceived openness to innovation and finance, regulators have energetically restricted the ways corporate tiddlers can raise money. The general public has been banned from risky, early-stage investment opportunities, all in the name of consumer protection. That will largely be reversed from May when rules approved by the Securities and Exchange Commission (SEC) on March 25th come into force. These will overhaul the process of raising equity in ways that will make it far easier for firms to finance themselves, even if consumers will have to keep their wits about them.

Under one of the (long-delayed) provisions of the JOBS Act, a compendium of enterprise-boosting laws passed in 2012, companies will be able to raise up to $50m in what is commonly referred to as a Mini IPO, or initial public offering. Although SEC agreement will still be required, many of the intrusive constraints found in garden-variety IPOs will be waived.

GM Reshuffles Finance Team

http://wsj.com

It is the second round of top financial appointments under Chief Executive … Chuck Stevens, the current chief financial officer, succeeded Dan…

Former FSU Finance Professor indicted

A federal grand jury handed down an indictment on embezzlement charges for former Florida State University finance professor James S.A federal grand jury handed down an indictment on embezzlement charges for former Florida State University finance professor James S.

GE To Sell Majority Of Finance Arm

The sprawling conglomerate General Electric is radically paring down its business, ditching most finance and real estate operations. GE was badly burned by the financial crisis, and the plan announced Friday would protect it from the risks associated with banking.

Please keep your community civil. All comments must follow the NPR.org Community rules and terms of use, and will be moderated prior to posting. NPR reserves the right to use the comments we receive, in whole or in part, and to use the commenters name and location, in any medium. See also the Terms of Use, Privacy Policy and Community FAQ.

The One-Page Financial Plan — Simple, But Not Simplistic

http://forbes.com

Simple is hot, even fashionable. But in many cases, its for all the wrong reasons. Simple is easier to pitch, explain and sell, and therefore also…

I’m an advisor, speaker and author writing about the intersection of money and life. Im not spouting untested philosophyI work with clients and advisors as a Wealth Advisor and the Director of Personal Finance for Buckingham and the BAM Alliance, a community of investors and advisors whove discovered a better way to take control of financial futures and achieve lifes most important goals. Im thankful to have had my guidance vetted by one of the worlds best publishers through my book co-authored with Jim Stovall, The Ultimate Financial Plan (John Wiley Sons). Most importantly, Im living this stuff out in my foremost roles in life as a husband and father. A student of communication, I enjoy the practice in television (CNBC, ABC, CBS, NBC and Fox) radio (NPR) and print (featured in The Wall Street Journal, The New York Times, Kiplingers and Money magazines, among others).

 

 

 

 

About