“At Long Last, Crowdfunding under Title III of the JOBS Act Is Here”
Insights 12/01/15 By Kevin J. Walsh
Below is an excerpt:
On October 30, 2015, the U.S. Securities and Exchange Commission (SEC) adopted finally rules to permit equity crowdfunding under Title III of the Jumpstart Our Business Startups (JOBS) Act. Under the new rules, companies now are permitted to raise up to $1 million in crowdfunding offerings during any 12-month period from all investors, including unaccredited investors, subject to compliance with the prescribed offering requirement.
Originally published in Insights, December 2015