By Yokum

Below is an article that I wrote for Business Law Today, a publication for the American Bar Association’s Business Law Section.

Crowdfunding: Its Practical Effect May Be Unclear Until SEC Rulemaking is Complete

President Obama signed the Jumpstart Our Business Startups Act (known as the JOBS Act) into law on April 5, 2012. One highly anticipated provision of the JOBS Act, Title III, is entitled ”Capital Raising Online While Deterring Fraud and Unethical Non-Disclosure Act of 2012” or the ”CROWDFUND Act.” Title III enables “crowdfunding,” or the ability to sell securities in small amounts to a large number of investors.

Whether or …read more

Source: StartupCompanyLawyer