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

SEC to Vote Friday on Crowdfunding Rules With Changes Supported by Market

It took the Securities and Exchange Commission only three-and-a-half years to come to the table and finalize rules that allow non-accredited investors to invest through crowdfunding. On Tuesday, Oct. 27, the commissioned announced that the vote on the new crowdfunding rule will be held on Friday, Oct. 30. Some changes to the proposed rule, that could benefit fundraising companies and crowdfunding platforms, are expected.