SEC Approves JOBS Act Crowdfunding Rules

It’s official: small companies will soon be able to sell equity to anyone, as long as the sales are executed through a regulated Internet portal or broker-dealer.

It took the Securities and Exchange Commission three-and-a-half years to finalize and pass rules to enact Title III of the Jumpstart Our Business Startups Act, which will allow businesses to sell stock through online crowdfunding campaigns. Those rules still will not take effect until 180 days after

Mary Jo White

SEC’s White Signals Title III Implementation Imminent

The Securities and Exchange Commission is poised to finalize rules that will allow non-accredited investors to invest in small private equity offerings by emerging growth companies.

On September 23 at a meeting of the Advisory Committee on Small and Emerging Companies in Washington, D.C., Commissioner Mary Jo White addressed the question of when and if retail equity crowdfunding rules will be approved