Crowd Funding for Adults

Don’t overlook the crowd fund opportunities to be provided by Title II of the JOBS Act which, while restricting sales to  “accredited investors” under Rule 506 of Reg.D, will, once the SEC provides final rules by July 4, 2012, permit general advertising of the offering and sales through online platforms, in person “or by any other means.” These online platforms will not be required to register as a broker-dealer if they comply with the statutory requirements. The disclosure and other requirements are much less restrictive than under the Crowd Fund Act. (See Sec. 201, JOBS Act).

About JeffKoeppel

I am a corporate/securities attorney in the Washington, DC area. Prior to joining the firm, I was a Senior Attorney Advisor in the Division of Corporation Finance at the U.S. Securities and Exchange Commission. I am a member of the Bars of the States of Maryland, New York and the District of Columbia. You can also follow this blog on LinkedIn at:
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