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The Cape Fear Capital Connection on MyTalker Radio. WMYT 106.7 fm. Monday, October 6, 2014 Curtis Wright and Thomas Vass Discuss the New Mexico Crowdfunding Legislation with our special guest Anthony Zeoli, Chicago Securities Attorney, and crowdfunding legal expert.
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The Cape Fear Capital Connection on MyTalker Radio. WMYT 106.7 fm • Monday, October 6, 2014 • Curtis Wright and Thomas Vass Discuss the New Mexico Crowdfunding Legislation with our special guest • Anthony Zeoli, Chicago Securities Attorney, and crowdfunding legal expert. • Address 1354 North Wolcott Avenue, Suite A Chicago, IL 60622 Contact Info P: (773) 983-9133
To Recap: Earlier North Carolina Crowdfunding Legislation Did Not Pass • Proposed NC law contained defects: • Did not connect crowdfunding to support of existing companies. • Did not connect crowdfunding to broader state economic development goals. • Wrote too many rules and regulations into the law.
We Had Interviewed Representative Dwight Loftis, of South Carolina, About Their Proposed Crowdfunding Legislation. • South Carolina does not cap the amount of capital a company can raise. • South Carolina connects crowdfunding to regional economic development initiatives, supported by the South Carolina Department of Commerce. • South Carolina offers tax benefits when and investor makes the initial investment, and later, if the investor re-invests profits back into South Carolina companies.
New Mexico Offers New Ideas On Intrastate Crowdfunding • Does not cap the amount of capital a New Mexico company can raise. • Targets both debt and equity as options for companies to raise. • Flaw in New Mexico is way too much regulatory overkill on crowdfunding websites. • After the break, an in depth analysis of the New Mexico legislation with Anthony Zeoli.
Live Online Interview With Anthony Zeoli, Securities Attorney • Writes a blog about state crowdfunding at: CROWDFUNDINGLEGALHUB.com Publishes articles in major US websites, including http://www.crowdfundinsider.com Offices on Wacker Blvd, the most important investment banking location in the U. S.
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