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Terms of Service Agreements for Crowdfunding Platforms

Terms of Service (“TOS”), sometimes referred to as terms of use agreements, are the ubiquitous footer link that typically contains a large block of text, often ignored by users (and sometimes website operators). However, the importance of these agreements should not be overlooked for any website. And terms of service agreements for crowdfunding platforms should… READ MORE

Michigan Crowdfunding Lawyers

Revision Legal’s Michigan-based crowdfunding lawyers have represented some of the largest crowdfunding platform providers and industry associations in the crowdfunding industry. Our Michigan crowdfunding lawyer have helped crowdfunding platforms and industry professionals by providing the following services: Business structure; Regulatory compliance; Trademark registration; Copyright registration; Trademark enforcement; Terms of use agreements and privacy policies; Platform… READ MORE

Equity Crowdfunding in Michigan

The concept of crowdfunding business ventures has become commonplace in our society through the growth of sites like kickstarter.com, indiegogo.com, or fundanything.com. While these sites serve a valuable purpose, to help people or companies raise money for certain projects, the individuals giving money are essentially donating to the idea (not counting the perks that go… READ MORE

Crowdfunding Lawyer: Summary of SEC’s Proposed Crowdfunding Rules

On October 23, 2013 the Securities and Exchange Commission (“SEC”) issued proposed regulations (“proposed rules”) to permit companies to offer and sell securities through crowdfunding as contemplated by Title III of the JOBS Act (“JOBS Act”). In sum, the purpose of the JOBS Act is to make it easier for startups and small businesses to… READ MORE

SEC Lifts Ban On General Solicitation

The Securities and Exchange Commission has, under the mandate of the JOBS Act, lifted the ban on general solicitation by amending Rule 506 of Regulation D and Rule 144A of the Securities Act. In effect, this change allows a company to engage in general solicitation, meaning solicitations to the general public, provided all purchasers of… READ MORE

The Georgia Crowdfunding Exemption

HOW THE JOBS ACT HAS BEEN INEFFECTIVE SO FAR   Crowdfunding has been a frequent topic on the National hot-stove with the recent passage of the Jumpstart Our Business Startups (JOBS) Act, which loosened many securities regulations imposed by the SEC. Of particular interest are the provisions of the Act aimed at making it simpler… READ MORE

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