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SEC uses JOBS Act to set up new roadblocks to crowdfunding

article Crowdfunding
SEC uses JOBS Act to set up new roadblocks to crowdfunding
Description Disappointing news came out of the SEC meeting yesterday designed to open the way for crowdfunding in the U.S.Rather than lifting the ban on general solicitation (we’ll explain that in a minute) in order to make it possible for more people to invest in American startups, the SEC proposed rules that would establish various different classes of investors, each perhaps with its own regulations. Needless to say, this move could make it more rather than less complicated for people to invest in startups, erecting new roadblocks rather than clearing away old ones.

SOURCE LINK to full article: http://venturebeat.com/2012/08/31/sec-uses-jobs-act-to-set-up-new-roadblocks-to-crowdfunding/#.UEEx1WOMqm5.twitter
Tags: Crowdfunding, Crowdsourcing, Jobs Act, SEC
Pablo Braccini Posted by Pablo Braccini
Sep 01, 2012 12:00 am GMT Viewed 1208 times
Author: Jason Best and Sherwood Neiss Source
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