Washington D.C. – The Frutkin Law Firm’s Principal attorney, Jonathan Frutkin, will be a speaker at the Third Annual Conference and Workshop for Crowdfunding USA scheduled for May 5-6 at the National Press Club in Washington D.C. Frutkin is also the CEO of Cricca Funding, a crowdfunding advisory company and the author of the book Equity Crowdfunding: Transforming Customers into Loyal Owners.
The conference panels and discussions will focus on the Title III fundraising ruling; a new system approved last October that will go into effect on May 16, 2016, allows issuers to raise up to $1M via equity crowdfunding. For the first time in history, small businesses can trade an equity stake in all future profits in exchange for a valuable influx of funds, without the burden of registering with the SEC.
In addition, to Frutkin’s work in crowdfunding he has a long history as a business executive and owner. He has owned a website design business, a software company, a real estate development company and was the developer for a national ice cream chain. As the founder of The Frutkin Law Firm, he worked to put together the top legal talent available to assist business clients – growing the firm to more than 10 attorneys within a few short years. His practice focus was on providing general counsel, including capital formation, mergers and acquisitions, litigation strategy and intellectual property. He has also appeared frequently in the media, including in international publications like The Economist, Kiplinger Personal Finance and The Washington Post. He is a frequent media commentator on television, on the radio and in print.
Jonathan Frutkin, explains the opportunity for small to medium sized businesses with this new SEC ruling: “The opportunity to raise capital using crowdfunding isn’t exciting. What is exciting is that local businesses can make their customers into owners. This marketing opportunity has huge potential.”
In addition to Frutkin one of the Firm’s associates, Amanda Salvione will be attending the conference as a participant to further expand her knowledge about the legal implications of crowdfunding as this continues to be an area of focus for the Firm’s legal practice.