In this episode, hosts Jenny and Michelle are joined by fellow securities lawyer Elizabeth Carter as they spill the tea on regulation crowdfunding platform missteps they have witnessed as well as the first major compliance action against a crowdfunding platform. They discuss why this is a serious issue for small businesses gaining access to funding, and how crowdfunding platforms could work more collaboratively with lawyers who represent small businesses so that everyone wins.
Interview:
Elizabeth L. Carter, Esq.
Company:
Elizabeth L. Carter, Esq., LLC
Bio:
Elizabeth L. Carter is a crowdfunding securities attorney who is passionate about restorative economics and community development.
Elizabeth assists investment funds, businesses, cooperatives, and nonprofits with the legal strategy and compliance of raising capital from both accredited and non-accredited investors (i.e. crowdfunding). Through Elizabeth L. Carter, Esq., LLC, she helps to democratize business capital and the securities legal space through the provision of accessible legal services to entities owned and controlled by Black and Afro-Latinx entrepreneurs.
Elizabeth has significant experience working on behalf of nonprofits. Most notably, she founded the Urban Cooperative Enterprise Legal Center, Inc., a 501c3 nonprofit with a mission to create and support cooperative enterprises within marginalized communities in order to promote local sustainability.
Get In Touch:
LinkedIn: https://www.linkedin.com/in/elizabethlcarteresq
LinkedIn Company Page: https://www.linkedin.com/company/elcesq
Company Website: elcesq.com
Additional resources:
- Angels of Main Street is a community of investors with no minimum wealth or income requirement to join. If you’d like to be part of a community of diverse investors who want to make a difference with their dollars, please join us in Angels of Main Street!
Episode Credit:
Intro and outro are voiced by Marina Verlaine. She can be contacted at reel.peach.vo@gmail.com