10 RegA+ Issuers Penalized for SEC Violation: What Can We Learn?
We’ve discussed compliance at length and how it’s essential for building trust within the private capital markets. But what happens when you’re not compliant? The…
What is an Escrow Provider’s Role in RegA+?
An escrow provider is a neutral party that handles financial transactions between two or more parties. They are often used in the securities industry to…
What is a CIK Number?
Recently, we received a question from an issuer who asked what a CIK number is. If you have ever filed a form with the Securities…
Veni, Vidi, Verify
More than two millennia ago, Julius Caesar said the famous phrase, “Veni, Vidi, Vici”, triumphant in battle. This translates to, “I came, I saw, I…
Avoiding Scams
Scams come in all shapes and sizes but share the same goal: to take someone’s hard-earned money. At KoreConX, we talk a lot about the…
What is an Escrow Provider?
If you’ve bought a home, you’ve likely heard the term escrow. In the homebuying process, escrow can be used to hold a good faith deposit…
Form C-AR filing time again!
Hi everyone; a reminder that we are just over a month away from the deadline to file Form C-AR by May 1.* We wanted to…
5 Things You Need to Know About Transfer Agents
When a company issues securities, it is vital to keep the official record of ownership and distribution accurate and up-to-date at all times. This process…
Reforms to RegD
With Regulation D (RegD) offerings, companies are exempt from registering securities with the SEC. Under RegD, companies can raise capital from accredited investors (and a…
7 Things You Need to Raise Capital Online in 2023
. ising capital online can be a great way to a vast pool of potential investors. With the JOBS Act exemptions and many online funding…
5 Tips for Frictionless Capital Raising
Raising capital can be a tricky process. Fortunately, with the JOBS Act and its exemptions from SEC registration under RegA+, RegCF, or RegD, entrepreneurs can…
SEC Amends Broker-Dealer Record-keeping Requirements
The SEC’s long-time policy for broker-dealers is to keep records of their business activities in a non-rewritable, non-erasable format – otherwise known as WORM (Write…
How Do I Grant Equity to Employees?
Equity to employees gives workers a share of ownership in the company they work for. Ownership in the form of a percentage can be given…
How Do I Know if My Cap Table is Ready?
A cap table (short for capitalization table) is essential for any company looking to raise capital. It provides a detailed breakdown of the equity owned…
What is Rule 145?
The Securities Act, passed in 1933, was created to protect investors following the stock market crash in 1929. It offers protection by ensuring more transparency…
Celebrity Endorsements of Investment Opportunities
When it comes to investing, celebrities are just like the rest of us. They need to do their research before putting their money into anything….
Howey Test: What is it?
The Howey Test is a simple but important test used by the US Securities and Exchange Commission (SEC) to determine whether an investment contract is…
What is the Role of FINRA?
When it comes to investment, there are a lot of things to think about. You want to make sure that you’re making smart decisions with…
What You Should Know About 2-Factor Authentication
In today’s world, we are more connected than ever before. We rely on technology to keep us connected with friends and family, to keep us…
SEC Charges Eight in Scheme to Fraudulently Promote Securities Offerings
On September 30, 2022, the SEC announced charges against 8 CEOs and CFOs for fraudulently promoting Regulation A+ securities offerings. The companies named by the…
Best Practices for Shareholder Management
Shareholder management is a critical part of any company, but it can be especially daunting for those who have recently completed a RegA+ or RegCF…
Digital Securities That Help You Navigate the Web Safely
The internet is often difficult to navigate. On one hand, many wonderful resources can be found for educational purposes, you can connect and communicate with…
Why RegA+ Offerings Fail
When it comes to RegA+ offerings, there are several reasons they may fail: a failure to comply with regulatory requirements, a failure to budget for…
What is KYC?
Each year, an estimated $2 trillion from illicit activities is laundered. This poses a significant challenge to financial institutions, requiring onerous efforts to verify that…
It All Started with the JOBS Act
This month, we launched our newest series, KoreTalkX, during which we have hosted exciting, one-on-one conversations with industry experts to expand the knowledge base on…
5 Key Players To Know For Your 401k Audit
This blog was originally written by our KorePartners at Assurance Dimensions. View the original post here. Your 401k audit requires the work of multiple…
How Liquidity Impacts Investing
This article was originally written by our KorePartners at Rialto Markets. To view the original article, please click here. Liquidity is a term used…
End to End for RegCF
When the JOBS Act was signed into law in 2012, it brought about many changes in the private capital markets, namely, the dramatic increase in…
How Does a Transfer Agent Protect Issuers and Investors?
A transfer agent is responsible for the custody of securities and preserves books and records. They also keep up with who owns what investment, which…
What are the Benefits of Digital Securities for Issuers and Investors?
With the emergence and development of blockchain technology, digital securities have seen wider adoption by investors and investment firms. Arising from the need for protection…
Things to Consider When Choosing Your Equity Crowdfunding Portal
Written by KorePartner Jason Fishman at DNA. See the original post here. Before the new SEC regulations, about 20% of Reg CF campaigns hit…
Tokenization in RegA+
As the private capital market continues to undergo a digital transformation, ideas like blockchain, digital securities, and tokenization continue to be discussed by regulators, issuers,…
Meet the KorePartners: Adrian Alvarez, CEO and Co-Founder of InvestReady
With the recent launch of the KoreConX all-in-one RegA+ platform, KoreConX is happy to feature the partners that contribute to its ecosystem. For the last…
The 1% Broker-dealer & What you need to ask!
When working with FINRA Broker-dealer, it’s not enough that they simply have the required licenses that are necessary, so make sure to ask some questions:…
What is a Securities Manual?
For companies to raise capital under the exemptions allowed by the JOBS Act, there are different requirements to maintain compliance with state and federal securities…
What is a Company’s Duty to its Shareholders?
For many companies, raising capital often marks a major milestone. With increased sources of capital, the company can grow, hire new employees, and develop new…
As a Canadian Company, can Canadians Invest in Your RegA+?
We have extensively discussed how Americans can invest in securities offered under Regulation A+. However, Canadian companies can also use the exemption to raise capital…
Why do I need Blue Sky registration for Secondary Trading?
Through the Regulation A+ exemption, securities issuers can raise up to $75 million as of March 2021. This creates a significant opportunity for the everyday…
How often do I need to hold an AGM?
Every year, Warren Buffet hosts the Berkshire Hathaway Annual Shareholders Meeting. This meeting is an Annual General Meeting (AGM), widely viewed with many people in…
Why do I need a FINRA Broker-Dealer?
Broker-dealers are an essential part of the fundraising process. These entities can be small, independent firms or part of a large investment bank. However, regardless…
The Role of Investor Acquisition in Capital Raising Activities
The goal of any capital raising activity is to secure capital for the growth and development of the business. Without needed capital, it can often…
How to Select a Crowdfunding Platform for Your Capital Raise
One of the significant advancements brought to the financial sector in recent years was the enaction of the JOBS Act signed into law by President…
What is KYP?
Previously, we have talked about KYC or Know Your Client. KYC is a rule from the non-profit Financial Industry Regulatory Authority (FINRA), created in the…
What is the Difference Between Fiduciary Responsibility and Regulatory Requirement?
By definition, a fiduciary is a person or an organization who holds a legal or ethical relationship of trust with another person or organization. Typically,…
Why are Background Checks Important?
Money laundering is a global issue, with the United Nations estimating that between $800 billion and $2 Trillion are laundered each year, with 90% of this…
What are Options?
Like warrants, options are a form of security called a derivative. As a derivative’s name suggests, these securities gain their value from an underlying asset….
What is a Virtual Data Room?
Every way that we do business is changing on what seems a daily basis. In just the last year, we have seen a public health…
What is KYC?
In 2007, the SEC approved the founding of the non-profit Financial Industry Regulatory Authority (FINRA). FINRA was created in the wake of a failing economy…
What Forms of Alternative Finance are Available?
Starting a business can be difficult. Most young companies enter the scene with little capital to help them grow. Taking a loan out from the…
Warrants for RegA+
For private companies looking to raise capital through exemptions such as Regulation A+, Regulation CF, or Regulation D, there are many forms of securities that…
KorePartner Spotlight: Douglas Ruark, Founder and President of Regulation D Resources
With the recent launch of the KoreConX all-in-one RegA+ platform, KoreConX is happy to feature the partners that contribute to its ecosystem. Douglas Ruark,…
What is RegTech?
In the wake of the 2008 economic crisis and the subsequent recession that followed, there was a push to create new regulations to govern financial…
What is Regulated Crowdfunding
On April 5th of 2012, President Obama signed into law legislation called the JOBS Act. Four years after that act was signed, Title III of…
What is a RegA+ Annual Shareholder Meeting?
With Regulation A+ allowing companies to raise up to $75M USD, the regulation enables many great investors to support an issuer’s journey. From the everyday…
What is the role of a board director?
When thinking about corporate governance, the first roles that often come to mind are the executive officers like the CEO or CCO. These roles are…
Reg A and Reg CF Issuers: Time to Count Your Shareholders!
Reg A and Reg CF have been around for a few years now and we are finding that some of our clients, especially those that…
What Impact Will Blockchain Have on Private Markets?
Blockchain has become a familiar buzzword, especially as things such as cryptocurrency grow in popularity. Currently, 46 million Americans now own Bitcoin. However, blockchain has many…
What is the Role of a Corporate Secretary?
A Corporate Secretary is a required position set forth by state corporation laws and is part of the ‘check and balance’ on board members and…
What is 409(a) and Why Does My Company Need it?
Whether your company is a new startup or an established private company, understanding and proper use of a 409(a) is essential to your company’s success….
How a Member of the Crowd Made Crowdfunding Easier
A while back, one of our favorite start-up clients called me and asked me to speak to a potential investor. Paul Efron, a resident of…
Regulation A+ Is Even Better After Passage Of The Economic Growth Act
On May 24, 2018, President Trump signed the Economic Growth, Regulatory Relief and Consumer Protection Act (the Act) into law. The Act was introduced by…
Why Does My Company Need a 409(a)?
Whether your company is a new startup or an established private company, understanding and proper use of a 409(a) is essential to your company’s success….
KorePartner Spotlight: Sara Hanks, CEO of CrowdCheck
With the recent launch of the KoreConX all-in-one RegA+ platform, KoreConX is happy to feature the partners that contribute to its ecosystem. With over…
What is Cap Table Management?
More than a simple spreadsheet, a cap table (short for capitalization table) records detailed data regarding the equity owned by shareholders. For companies at any…
How Can a Company Raise Capital?
For companies looking to raise capital, there are many different options. While not every option may be best suited for every company, understanding each will…
Warrant Issuers, Keep Your Offering Statement Evergreen
An increasing number of issuers have been using Regulation A to make continuous offerings of units, consisting of a combination of equity, often common stock,…
Foreign Issuers Using Regulation A and Regulation CF
For some reason, this issue has been coming up a lot lately. Our usual response to the question “Can non-US issuers make a Regulation A…
Click “RESET”
In the future, 5 or 10 years from now, we will see an evolution in business and a paradigm shift occurring all due to the…
What are Blue Sky Laws and Why are They Important?
Originating in the aftermath of the Great Depression, “blue sky laws” were made possible by the Uniform Securities Act of 1956. Leading up to the…
Wait a Minute, What is a Minute Book?
Unlike the name suggests, a minute book is by no means minute. As a business grows, a well-kept minute book becomes an essential record of…
Why is a Broker-Dealer Important for Private Company Offerings?
If you’re looking to raise money for your private company, chances are that you’ve at least heard the term “broker-dealer.” However, if you’re new to…
The SEC proposes expanding the “accredited investor” definition
The SEC has proposed amending the definition of “accredited investors.” Accredited investors are currently defined as (huge generalization here) people who have net worth of $1 million…
SEC changes to RegA+ and RegCF
On 04 March 2020, the US Securities Exchange Commission (SEC) has laid out the proposed changes that are going to have a major impact on…
Wake up call, do you have the right chain for securities?
Polymath is the latest of the Ethereum fan club that has woken up to the fact that Ethereum isn’t the right blockchain platform for financial…
Finality, Settlement, and Validation: The Place to Start
One of the most important concepts in capital market transactions is settlement and finality. Even though the payment infrastructure gets the majority of airtime, settlement…
Many Rights Make the KoreProtocol Right
Over the last few weeks, we have seen the highly entertaining farce of Craig Wright claiming to be Satoshi Nakamoto by registering a copyright to…
Exempt Market Update 2019
The exempt market in Canada is going through some major developments that will fundamentally change how the private market will be seen by investors.Digital Securities…
Reg A+ Webinar: Q&A Part I
The content on this webinar and associated blogs are provided for general information purposes only and does not constitute legal or other professional advice or…
Lessons To Be Learned From The SEC’s Recent Penalties for ICO Companies
The Securities and Exchange Commission recently brought their regulatory hammer down on several ICO-related companies. After months of public statements from officials and rumors of numerous subpoenas…
Difference between Crypto and Security Token
Is there a difference between cryptocurrency and a security token? The answer is yes, there is a big difference. And it is time we get…
Life of a Company
I know, the title is odd. But the goal is to show how a company is formed and what is required for it to be…
A Big Lesson from the Delaware Blockchain Amendments
Andrea Tinianow, the founding director of the Delaware Blockchain Initiative (and ‘Blockchain Czarina’), recently published a very insightful article on the significant gap in the…
Introducing the KoreChain
The KoreChain is the first blockchain on a serious industrial-strength infrastructure that is focused exclusively on the complex world of global financial securities. The KoreChain…
Capital Raising “Capital markets point of view” dealer
For private issuers, raising capital is the next natural step once you have exhausted other traditional forms of financing. It becomes even more enticing when…
