Panel to Address Emerging Growth Capital Legislative and Regulatory Policy in the Post-JOBS Act Era

Now that the SEC has implemented the last major piece of the JOBS Act with the approval of Title III, the retail investor crowdfunding element of the Act, the emerging growth capital market is turning its attention to the proliferation of agency rulemaking and “fix-it” legislation that will shape the adoption of the Act’s provisions and innovations by issuers and investors alike.

Four experts on emerging growth finance policy will address the legislative and regulatory proposals in Congress and at the SEC on the morning of November 18 at the National Press Club in Washington, D.C. The panel, “Current Legislative and Regulatory Agenda for the Emerging Growth Capital Market” will bring a diverse group of finance policy experts together from across the spectrum of the emerging growth market:

David Burton is Senior Fellow in Economic Policy at the Heritage Foundation, where he focuses on tax matters, securities law, entitlements and regulatory and administrative law issues. Burton was general counsel at the National Small Business Association for two years before joining Heritage’s Roe Institute for Economic Policy Studies in 2013. He is a leading proponent for the liberalization of regulatory policy impacting capital formation for small businesses, whose views have influenced numerous legislative initiatives by Congress in recent years.

Charles Crain is Senior Manager of Tax & Financial Services Policy at the Biotechnology Industry Organization (BIO), which represents more than 1,100 biotechnology companies, academic institutions, state biotechnology centers, and related organizations. As the primary staffer for financial services issues on BIO’s Emerging Companies Section policy team, Charles’s portfolio includes capital markets, securities, accounting, and tax policies that impact BIO’s member companies. His particular areas of focus include policy development and advocacy for the Jumpstart Our Business Startups (JOBS) Act. Charles serves as BIO’s representative to the Equity Capital Formation Task Force and the SEC Government-Business Forum on Small Business Capital Formation. Prior to joining BIO, Charles worked on Capitol Hill for Congressman Paul Hodes and Senator Debbie Stabenow.

D.J. Paul is the founder of DJP&Co., a consulting firm specializing in investment crowdfunding regulation, implementation and business development. D.J. is nationally recognized for his expertise in investment crowdfunding regulatory issues and instruments. A founding member and co-chair of Crowdfund Intermediary Regulatory Advocates (CFIRA), D.J. testified before Congress in January 2014 regarding securities issues and the JOBS Act, and was named to the SEC’s Advisory Committee on Small and Emerging Companies in October 2014. A national thought-leader on the investment crowdfund movement, D.J. has helped to shape key JOBS Act provisions. In April 2012, he coordinated the first post-JOBS Act meeting between the Securities and Exchange Commission (SEC) and investment crowdfunding stakeholders.

Mark Wood is head of Katten Muchin Rosenman’s securities practice and concentrates in corporate and securities law. Mark represents public emerging growth companies and investment banks in initial public offerings (IPOs) and other public offerings, private investment in public equity (PIPE) transactions, debt securities and other securities matters. Mark also represents clients in complex corporate transactions, including tender offers, mergers, acquisitions, dispositions, going private transaction, private equity investments, joint ventures and strategic alliances. He is a leading practitioner in representing investors, public companies and placement agencies in PIPE transactions. In addition, he also counsels public companies on securities law compliance, disclosures, corporate governance and compensation-related issues.

The emerging growth capital legislative and regulatory panel is the second discussion panel of the Growth Capital Summit, which kicks off at 8:30 a.m. on Nov. 18 at the National Press Club’s Murrow Room, in downtown Washington. The Summit program has been approved for 7.5 hours of CLE and CPE credit via our registered sponsor, Preferred Systems, Inc.*

*Preferred Systems is registered with the National Association of State Boards of Accountancy (NASBA), which has approved The Growth Capital Summit 2015 for 7.5 CPE credit hours. Preferred Systems, Inc. is a registered sponsor of continuing professional education on the National Registry of CPE Sponsors.  State boards of accountancy have final authority on the acceptance of individual courses for CPE credit.  Complaints regarding registered sponsors may be addressed to the National Registry of CPE Sponsors, 150 Fourth Avenue North, Suite 700, Nashville, TN, 37219-2417.  Web site: www.nasba.org  National Registry of CPE Sponsors ID Number: 109411.

Preferred Systems is also an Accredited Provider #926 by the Supreme Court of Pennsylvania Continuing Legal Education Board. The Growth Capital Summit 2015 is approved for 7.5 Continuing Legal Education credits by the Pennsylvania Continuing Legal Education board. New Jersey and New York States are reciprocity states with Pennsylvania and therefore will accept Pennsylvania CLE Credit hours. Continuing Legal Education credits have been applied for in Delaware and Virginia. Credit hours are pending approval.