Mark Hiraide is an authority on crowdfunding and the federal JOBS Act (http://1.usa.gov/VpQHLw). At the invitation of U.S. Senate Committee Chairman Jack Reed (D-RI), Mr. Hiraide testified before the Senate Committee on Banking, Housing and Urban Affairs' Subcommittee on Securities, Insurance and Investment at a hearing titled "Examining Investor Risks in Capital Raising" (http://1.usa.gov/1kwtNgu). He testified about crowdfunding, Regulation A and Regulation D of the Securities Act of 1933, the Sarbanes-Oxley Act, IPOs and other securities-law issues relating to the JOBS Act.(testimony: http://1.usa.gov/VpSFvg) (video: http://1.usa.gov/1AjrIJc)
In California, Mr. Hiraide is working to enact a state crowdfunding law. He drafted AB 2096 (Muratsuchi) (http://bit.ly/1m1d8xK) for Small Business California (www.smallbusinesscalifornia.org; http://bit.ly/1l8oANa) and testified at hearings before the state Assembly Banking and Finance, state Senate Banking and Financial Institutions and state Senate Judiciary committees.