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January 2016 » Equity Crowdfunding
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Allan B. Afterman, PhD, CPA
On October 30, 2015, the SEC issued final rules to implement Title III of the Jumpstart Our Business Startup (JOBS) Act, which amended the Securities Act of 1933 to provide an exemption from registration for certain crowd-funding transactions (i.e., a method to raise capital using the Internet). The final rules—which are referred to as “Regulation Crowdfunding” and will become effective in May 2016—were long in the making.
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