The JOBS Act Isn't All 'Crowdfunding'
On September 23, the SEC officially implemented Title II of the JOBS Act by lifting a decades-old ban on the mass marketing of private securities offerings – meaning those securities not formally registered with the SEC. This has triggered enormous excitement in startup and small business communities as entrepreneurs consider ways to raise funds through newly available capital-raising tools. But even with the increased media coverage and interest, there is still a good deal of confusion about what portion of the law went ‘live,’ and how this portion relates to other provisions in the legislation.
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