SEC Mandates That Issuers Conducting Tier II Offerings Under Regulation A+ Rules Engage the Services of a Registered Transfer Agent
LOS ANGELES, CA / ACCESSWIRE / December 2, 2016 / The Crowd Invest Summit, scheduled for December 7-8 at the Los Angeles Convention Center, will address the many moving parts of a Regulation A+ (Reg A+) campaign, including the requirement that issuers obtain the services of a registered transfer agent. Panels, such as "From Crowdfunding to IPO," scheduled for Wednesday, December 7 at 1pm, will discuss the challenges and opportunities issuers face with Reg A+, with speakers providing tangible advice and recommendations for risk mitigation.
Transfer Agents and Reg A+
The US Securities and Exchange Commission's (SEC's) newly-revamped Reg A+ rules require that an issuer conducting a Tier II offering (raising up to $50 million) use the services of a registered transfer agent. The transfer agent's responsibilities include managing and maintaining records for stock and bond ownership of a company, as well as documenting the movement of securities both in primary and secondary markets. A transfer agent is one of several key service providers issuers require in order to position themselves for a successful Reg A+ campaign.
Computershare - a Leader in the Transfer Agent Market
Computershare, a Silver Sponsor of Crowd Invest Summit, has offered transfer agent services since 1978, and also offers services in the areas of corporate governance, stakeholder communications, proxy contests and corporate actions. During the panel "From Crowdfunding to IPO," moderated by Andrew Dix of Crowdfund Insider, Joan Dromey, senior product manager with Computershare's Private Markets group, will discuss the increasing role transfer agents are playing in the industry. "We are looking forward to connecting with private companies at Crowd Invest Summit looking to raise capital under Reg A+ or Reg D, and offering insight into the importance of investor relations and sound corporate governance," said Dromey.
"Computershare is pleased to be associated with Crowd Invest Summit. As individuals begin investing in startups and privately held companies, it is important for those companies to properly manage their investor records," said Peter Duggan, senior vice president of Computershare's Private Markets group. "We are uniquely positioned to support private companies from seed to public company, and every stage in between," said Duggan.
Judging Startups: Barbara Corcoran Venture Partners
In addition to Dromey's panel, there has been buzz building around the Pitch Panel, scheduled for the same day at 11AM, and hosted by Phil Nadel, Co-Founder of Barbara Corcoran Venture Partners. Five startups - chosen from more than three hundred through a crowdsourced competition - will pitch Nadel and other notable venture capitalists and angel investors, with the winning company receiving acknowledgment from the judges as well as complimentary legal services from one of the sponsoring securities law firms.
James Altucher, an entrepreneur, author, and investor, is slated to deliver the opening keynote speech for the conference earlier in the day at 9am.
About The Crowd Invest Summit
The Crowd Invest Summit was founded by three pioneers in the equity crowdfunding sector: Josef Holm, Darren Marble, and Alon Goren. The conference was developed with the vision that every American - whether accredited or not - can now become equity investors. Visit us online at www.crowdinvestsummit.com.
For sponsorship opportunities, visit CIS Sponsors. Follow and engage with us on social media via: Facebook, Twitter, and LinkedIn, and via the event's primary hashtag #CIS16.
SOURCE: The Crowd Invest Summit