Whitney White

WR Hambrecht Loses Its Reg A Banker

Alternative IPO investment bank WR Hambrecht + Co. is losing the senior banker who has led the firm’s Reg A initiative, putting the future of the firm’s crowdfinance program in doubt. Whitney White, a partner and Hambrecht’s head of equity capital markets, is joining Prime Trust LLC, the trust company and crowdfinance back-office administrator spun off from FundAmerica last summer.

Reg A+

March Strongest Month Yet for Reg A Approvals

March was a record month for new Reg A offerings, following a similarly strong February, collectively making the two months the most active period for offering approvals since the Reg A+ reforms went into effect in June 2015.

The SEC approved 15 Reg A filings in March, besting last September’s record...