The engine that drives virtually all job creation in the United States is the 506 Exemption, which permits small start-ups to raise seed capital with limited resources. Hedge funds have abused the 506 provisions which permit unlimited capital creation without public registration, developing billions in select investor relationships through the 506 exemption.
USA modifications to the financial regulation propose to move the regulation of “self issuer” securities away from the SEC and into a new consumer super agency which would consolidate seven regulatory agencies into one agency. Can such a consolidation of powers work? No one knows. Is the new super agency the right agency to regulate self issue, or is the SEC, with decades of experience and talent to continue oversight, the right agency,? The battle goes on. CEO Space is committed to report the outcome in clear compelling English our world readers can apply to their future capital rounds of funding.
Our March 2012 World Trade Show (www.ceospaceamerica.com) will provide more attorneys, East and West Coast security law firms and former SEC enforcement staff, to educate CEO’s of small business how the new rules effect you.
No one offers more current updates than CEO Space, at the Ravella Lake Las Vegas.
Our Teen Entrepreneur program runs concurrently. As the result of the CEO Space Teen FEAST (Free Enterprise Accelerated Support Training), more teens own their own business as distinct from working in one. Check it out if you have teens – the ultimate gift for young adults is the freedom to learn entrepreneurial skills early in life. Their grades improve too. FEAST grads stay in school. Feast Grads own their own business as they understand the distinction between working in a business and owning one. Feast teens know what 506 is and how to apply 506 when they need capital in their future enterprise. Freedom is education. Lifelong learning is a mandate for entrepreneur men and women.
506 creates more jobs than any other factor.
Google, facebook, Microsoft and Myspace would not exist without 506 and all that it promises. Star Wars would not have been made. The countless jobs 506 brings to the economy is so important you want to make sure law makers do not make access to capital more costly to small business.
You can write Senator Shelby on the Senate banking committee – not to change 506 rules, and copy the chairman of the SEC – this is smart insurance for entrepreneurs, and it only takes a few minutes. It takes all of us to reflect we the people. Our philosophy is simple – the next President should roll back freedom in America because no act of terror from a handful of brain damaged young adults is worth taking one American freedom, or any nation’s freedom away from a single three year old young girl of that nation who deserves, as do all unborn generations, to reside in a place that is not fortress America but is rather the land of the free with all the rights in place to be an example to the entire free world.
506 is one symbol of rights we don’t wish to see erode for future generations of dreamers.
Lets elect candidates who will insure freedom for our children and their children. We can be free and safe. After all it is us who keep uncovering the plots and who act to foil them. All the security in the world doesn’t protect us. We protect ourselves.
The 506 laws keep us more free and we need to write lawmakers to make sure they don’t change those laws to make us less free. President Lincoln said our only real fear is from within ourselves – meaning if we fail to act and be involved in our democracy. Get involved on an issue you adopt as sacred to you.
Free Enterprise is sacred to us.
Dr. Richard Kaye received his Bachelors of Science Degree in business, from Long Island University, C.W. Post College in 1973. He went on to receive his Doctorate of Chiropractic from the Columbia Institute of Chiropractic in New York in 1976. After 30-years in private practice in San Diego, California, he retired to pursue the entrepreneurial life. Prior to entering the field of health care, he was an electronics engineer working in the field of communications.
His distinguished career includes being named Outstanding Doctor of the Year in 1981, as well as Doctor of The Year in 1983, by the San Diego County Chiropractic Society. He served as President of the San Diego County Chiropractic Society from 1981 through 1983, and was Chairman of the Board of Directors of the Sacro Occipital Research Society, International (SORSI), from 1986 through 1988. Dr. Kaye was a founding member of the Board of Directors of The Association for Network Care, in 1994, and continues to serve as its Vice-President.
In addition to having appeared on numerous television and radio shows, he has authored many published articles. Dr. Kaye is an internally acclaimed lecturer, having presented seminars and workshops in Australia, France, Japan, and Russia, as well as in the United States.