FEATURE
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Jobs Act Title III - Crowdfunding Moves Closer To Reality
December 7, 2013 | Harvard Law School Forum
To permit crowdfunding, JOBS Act Title III added two provisions to the Securities Act of 1933: (1) Section 4(a)(6), which creates a new exemption to allow issuers to use crowdfunding to offer and sell securities in unregistered offerings and (2) Section 4A, which requires certain disclosures to be made by crowdfunding issuers and sets forth requirements for crowdfunding intermediaries. Proposed Regulation Crowdfunding and the proposed FINRA rules would implement these statutory provisions and create the regulatory framework for crowdfunding. Both agencies have sought comment on all aspects of their proposed rules, which are due in early February.
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Panel States Global Warming Carries Risk of Deep Changes
December 4, 2013 | New York Times
Continued global warming poses a risk of rapid, drastic changes in some human and natural systems, a scientific panel warned Tuesday, citing the possible collapse of polar sea ice, the potential for a mass extinction of plant and animal life and the threat of immense dead zones in the ocean. While most climate scientists believe the human release of greenhouse gases has made immense changes in the earth inevitable, they hope many of these will happen slowly enough that society can adapt.
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Related:
Studies Warn of Abrupt Environmental Effects of Warming
From a Million MOOC Users, only a Few Early Research Results
December 6, 2013 | Chronicle on Higher Ed
Preliminary results of a study of 16 massive open online courses offered through the University of Pennsylvania show that only a small percentage of people who start the courses finish them—and that, on average, only half of those who register for the courses even watch the first lecture.
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Milken Institute's Best-Performing Cities: a Tale of Tech -- and Energy
December 6, 2013 | Milken Institute
Austin, Texas, reclaimed the No.1 spot based on a booming technology sector. Similarly, the rest of the top five all enjoy thriving tech sectors: Provo, Utah (second, up from seventh last year); San Francisco (third, up from 36th); San Jose (fourth, down from first) and Salt Lake City (fifth, up from sixth).
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