SEC Title III-New Rules For Equity Crowdfunding To Be Announced This Week
SEC Title III from the US SEC, which addresses the regulatory issues pertaining to equity crowdfunding is slated to be finalized this week and industry publication Law360 has published the second of a series of articles that provides those seeking to raise money via crowdfunding platforms with solid guidance.
Law360, New York (October 28, 2015, 9:59 PM ET) — With the U.S. Securities and Exchange Commission set to finalize long-awaited rules for equity crowdfunding Friday, attorneys need to be prepared for how to navigate the new regulations in order to keep the SEC from breathing down their clients’ necks.
Crowdfunding, which allows small companies to raise money from ordinary people, has been a growing industry that thus far hasn’t seen much regulation — Friday’s rules will come about three and a half years after Congress requested them as part of the Jumpstart Our Business Startups Act.
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