Growth Capitalist (https://growthcapitalist.com/tag/jobs-act/page/6/)
The Financial Industry Regulatory Authority laid out final proposed rules, on Oct. 9, for crowdfunding intermediaries that will accept non-accredited investors when Title III of the JOBS Act is implemented.
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
William Galvin, the Secretary of State for Massachusetts, has brought suit in the D.C. Court of Appeals to try to stop the Securities and Exchange Commission from implementing the Regulation A+ offering rules the agency approved in April and commencing the review of offering statements.
Panelists discussing Regulation D crowdfunding platforms at Growth Capital Investor’s Growth Capital Expo last month in Las Vegas indicated that deal distribution remained one of the the industry’s primary challenges amid a plodding adoption rate among cautious investors.
