LAS VEGAS, NV--(Marketwired - Mar 21, 2016) - FundAmerica and CFIRA have announced details for the much-anticipated FundIt Conference to be held at The Bellagio Hotel in Las Vegas on April 26-27, 2016. The educational and nationally-recognized event will take place just weeks before the Securities and Exchange Commission's (SEC) new rules for crowdfunding platforms and services come into effect.
FundIt is the first and only educational conference dedicated to preparing both the crowdfunding industry and its service providers such as compliance, legal, technology, marketing and accounting professionals for the slated regulatory changes through a series of educational seminars, workshops and keynote presentations. The conference will feature representatives and experts of regulatory and advocacy bodies are expected to include the SEC, FINRA, CFIRA and NASAA.
Topics covered at the groundbreaking conference will include Titles II, III and IV, FINRA audits, risks of general solicitation, liability of platforms, EB-5 and international investors, state considerations and concurrent offerings - all providing both authoritative analysis and practical advice.
"This is an exciting time in capital markets, with brokers, issuers and others now able to use the internet to raise capital and sell equity and debt securities," said Scott Purcell, FundIt co-organizer and founder and CEO of FundAmerica.
"Compliance is a critical issue that looms large for everyone in the space and it's important for the industry to come together and discuss the issues that affect us so we can work together to get this right," Purcell continued.
Douglas S. Ellenoff, a FundIt Sponsor and foremost legal authority on the JOBS Act crowdfunding provisions, said education is paramount for professionals and businesses trying to understand the new regulatory regime.
"With the full implementation of all three crowdfunding provisions of the JOBS Act pending (Title II, III and IV), let us not forget that more than approximately $1 billion of online venture and real estate financings have already been processed, primarily under 506(b) and 506(c). The pioneers of the industry have actually embraced and not fought the regulatory nature of the securities industry," Ellenoff said.
"The continued success of online crowdfunding will depend in large measure on the respect that is paid to the securities industry at large and the ability for relevant stakeholders to be properly informed about the new rules."
Endorsed by CFIRA and supported by many media outlets including Forbes, CNBC and Equities.com, the conference is a must-attend event for anyone looking to navigate the new regulatory and business environment.
About FundIt
FundIt is the first conference dedicated to educating the crowdfunding industry and its service providers on regulatory and compliance issues. It will be held at The Bellagio Hotel in Las Vegas, Nevada, on April 26-27, 2016. For more information please visit www.fundit.us.
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