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Will FINRA delay or speed up the newly-approved Equity Crowdfunding law?

New York City by VictoriaGlobal.co

 With a 3-1 vote on 30 October 2015, the Securities and Exchange Commission (SEC)    has approved new rules that bring to effect equity crowdfunding. This approval makes the United States the second country to pass the law on equity crowdfunding in the world after Italy. The new rules were adopted by the SEC three years after President Obama assented to the Jumpstart Our Business Startups – JOBS Act, the legal framework that set in motion crowdfunding in the United States.     Just as I had forecasted in December 2012, the equity-based crowdfunding law has come to effect over 1000 days after the enactment of the JOBS Act in April 2012. The approval of equity crowdfunding law under Title III of the JOBS Act came 8 months after the SEC approved Regulation A+ under Title IV. Regulation A+ enables small businesses and startups to crowdfund up to $50 million ... Read More »

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