Title III Rules Finally Released Last month the Securities Exchange Commission voted to release the proposed rules for Title III of the JOBS Act. These rules permit startups and intermediaries (funding portals) to participate in equity-based crowdfunding with non-accredited investors. Entrepreneurs can now sell securities online to anyone; investors don’t have to have a $1 million net worth in order to inves. Oregon’s Senator Jeff Merkley stated: “This law will make sure entrepreneurs can use online tools to find investors, and make sure investors can put their money into exciting projects.” The amount of money you can raise and the amount of money you can invest is limited. Intermediaries must register with the SEC and the Financial Industry Regulation Authority (FINRA). Excluded are foreign companies, investment companies, companies with no business plan, and companies looking to raise money for the purpose of financing a merger or acquisition. The rules also require

Title III Rules Finally Released

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Last month the Securities Exchange Commission voted to release the proposed rules for Title III of the JOBS Act. These rules permit startups and intermediaries (funding portals) to participate in equity-based crowdfunding with non-accredited investors. Entrepreneurs can now sell securities online to anyone; investors don’t have to have a $1 million net worth in order to inves. Oregon’s Senator Jeff Merkley stated: “This law will make sure entrepreneurs can use online tools to find investors, and make sure investors can put their money into exciting projects.”The amount of money you can raise and the amount of money you can invest is limited. Intermediaries must register with the SEC and the Financial Industry Regulation Authority (FINRA). Excluded are foreign companies, investment companies, companies with no business plan, and companies looking to raise money for the purpose of financing a merger or acquisition. The rules also require intermediaries to provide investor education and abide by anti-money laundering laws.

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Title III Rules Finally Released

Last month the Securities Exchange Commission voted to release the proposed rules for Title III of the JOBS Act.

These rules permit startups and intermediaries (funding portals) to participate in equity-based crowdfunding with non-accredited investors. Entrepreneurs can now sell securities online to anyone; investors don’t have to have a $1 million net worth in order to inves.

Oregon’s Senator Jeff Merkley stated: “This law will make sure entrepreneurs can use online tools to find investors, and make sure investors can put their money into exciting projects.”

The amount of money you can raise and the amount of money you can invest is limited.

Intermediaries must register with the SEC and the Financial Industry Regulation Authority (FINRA). Excluded are foreign companies, investment companies, companies with no business plan, and companies looking to raise money for the purpose of financing a merger or acquisition. The rules also require intermediaries to provide investor education and abide by anti-money laundering laws.