On October 30, 2015, the Securities Exchange Commission (SEC) issued final rules under Title III of the JOBS Act of 2012. These new rules, effective on May 16, 2016, will continue to help develop equity crowdfunding. The rules will cover all parties involved in the transaction process, including issuers, investors and intermediaries (i.e., funding portals). Key rules you need to know are as follows:
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Topics: technology, crowdfunding, Equity, Uncategorized