Noteworthy

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Noteworthy    Rosneft Moves to Thwart EU Sanctions With Norwegian Rigs   Bloomberg, July 31, 2014 10:11 AM  See More
Noteworthy
POSTED ON November 25, 2013 BY Travis McPherson

Over the past year, there has been a quietly growing movement to reduce some of the regulation experienced by venture market participants in order for them to access capital in a more cost efficient manner.  In particular, a small group of brokers have been working with all of the heads of the brokerage firms in… Continue Reading

POSTED ON March 12, 2013 BY Tommy Humphreys

I have just signed the Venture Funding Crisis Committee’s petition: “British Columbia Securities Commission: Please review the proposal to revoke the NW Exemption.” For those unaware, the Northwest Exemption enables unlicensed finders to be compensated for introducing certain accreddited investors to private placements. Vancouver VC Praveen Varshney commented, “We need more sources & means of fundraising… Continue Reading

POSTED ON March 11, 2013 BY Tommy Humphreys

Early in 2013, the BC Securities Commission moved to ban unlicensed finders from accepting fees as a result of introducing accredited investors to private placements. The BCSC concluded that approximately 1% of capital raised would be impacted by the decision. However on February 28, 2013, TSX Venture Exchange President John McCoach wrote in a letter to… Continue Reading

POSTED ON January 19, 2013 BY Tommy Humphreys

New regulation complicates Canadian companies’ ability to raise capital at home and abroad. Source: British Columbia Securities Commission.  See also: BCSC to End Finder’s Fees for Capital Raising Except by Registered Dealer (Clark Wilson). BCN 2013/01 Notice and Request for Comment – Proposed Revocation of BC Instrument 32-513 Registration Exemption for Trades in Connection with Certain Prospectus-Exempt… Continue Reading