Presentation made at http://conferenciacrowdsourcing.com.br/ As melhores ideias, a inovação e a criatividade estão surgindo cada vez mais do lado de fora das empresas. Trazê-las para o ambiente corporativo e transformar ideias em negócios, tem sido o maior desafio das empresas no mundo todo. Durante a Conferência Crowdsourcing, Co-criação e Colaboração 2012, os principais especialistas no tema irão mostrar como utilizar a produção coletiva e voluntária para criar melhores produtos e serviços.

2. Outline
Introduction: Who Am I? (Dave)
The JOBS Act
- Background: History of Securities Regulation
- The JOBS Act in the Process of De-Regulation
Fraud: Who Can We Trust?
WhenYouWish.com.br

4. What is a security?

5. The oldest stock in the world, issued by the Dutch East India
Company (Vereenigde Oost-Indische Compagnie or VOC), 1606.

6. PROBABLY Taxes?
What is not a security?

7. With stocks comes…
bolhas especulativas

11. $50 Billion $905 Billion
Reg D Offerings are also known as “Private Placements”

12. US$905Bln
http://www.sec.gov/info/smallbus/acsec/acsec103111_analysis-reg-d-offering.pdf

13. http://www.sec.gov/info/smallbus/acsec/acsec103111_analysis-reg-d-offering.pdf

14. When Enacted in 1982, Reg D was Met
With a Lot of Criticism -- Still Today
http://www.wcl.american.edu/journal/lawrev/33/warren.pdf

15. http://www.sec-oig.gov/Reports/AuditsInspections/2009/459.pdf

16. Reg D Focuses on
“Accredited Investors”
Net worth of at least one million US
dollars, not including the value of one's
primary residence
OR
Have made at least $200,000 each year for
the last two years (or $300,000 together
with his or her spouse if married) and have
the expectation to make the same amount
this year.

18. http://www.perkinscoie.com/jobs-act-heralds-new-era-for-startup-and-emerging-growth-company-financing-03-30-2012/

19. http://www.forbes.com/sites/wendytanaka/2011/01/06/facebook-to-breach-500-shareholder-limit-go-public-in-2012/

20. http://www.rollingstone.com/
politics/blogs/taibblog

22. Brasil Deregulation/Opening Securities
Markets
Considerations:
“Accredited Investor” vs. Crowdfunding
Paternalism/Safeguarding the Public
vs.
Financial Democratic
Freedom
But - Safeguarding the Public From

23. Fraud
詐欺
frode

27. http://www.nytimes.com/2011/11/08/business/in-sec-fraud-cases-banks-make-and-break-promises.html?pagewanted=all

28. We can’t trust the
banks.

30. We can’t trust the
government.

31. Who can we trust?
If you think about it, we
have no other choice…

32. http://www.slashgear.com/kickstarter-scam-mythic-pulled-down-no-money-exchanges-hands-04226345/

34. Trust each other.

35. consciouscapitalism.org

37. Obrigado!
Dave@WhenYouWish.com