Joe Borg

Crowd Funding
10:53 am
Sat January 4, 2014

Ala. Could Legalize New Avenue For Small Business

The director of the Alabama Securities Commission, Joe Borg, says crowd sourcing for small businesses is an idea whose time has come.
Credit Alabama Securities Commission

Alabamians trying to start small businesses in a tough credit market may soon have a new method that will allow them to raise small amounts of capital from many Alabama investors.

Republican state Sen. Arthur Orr of Decatur says he will sponsor a bill in the upcoming legislative session to allow "crowd funding." It would cap investors at $5,000 each and would limit crowd funding to $1 million per business.

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Alabama Securities Commission
11:20 am
Sun December 22, 2013

The Wolf Of Wall Street Vs. The Alabama Securities Comission

"The Wolf of Wall Street" written by Jordan Belfort
Paper Plus

  The Wolf of Wall Street hits theaters this week. Leonardo DiCaprio stars as Jordan Belfort, a high powered stock broker who was later indicted for securities fraud. That may sound like a fictional story from the world of Hollywood. But, the story of Jordan Belfort, who was indicted on securities fraud for stock market manipulation and running a penny stock boiler room is painfully true.

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