Fenwick & West partner Stephen Graham provides a brief overview of crowd funding under the JOBS Act. According to Graham, the act will allow entrepreneurs to sell small stakes in their companies directly to the public via advertisements and websites; however, crowd funding will not be available until the U.S. Securities and Exchange Commission adopts regulations that protect against fraudulent activity.
Topics: Crowdfunding, JOBS Act, SEC
Published In: Business Organization Updates, Law Practice Products & Services Updates, Mergers & Acquisitions Updates
DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.
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