Update: SEC Releases Long-Awaited Proposed Crowdfunding Rules

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In This Issue:

- Requirements and Obligations Governing Crowdfunding Offerings

- Regulation of Crowdfunding Portals

- Additional Notable Provisions of the Proposed Rules

- Next Steps

- For More Information

- Excerpt from Requirements and Obligations Governing Crowdfunding Offerings:

The proposed rules would implement that part of the Jumpstart Our Business Startups (JOBS) Act that addresses crowdfunding by providing an exemption from securities registration. Under the proposed rules, securities offerings made in reliance on the crowdfunding exemption would be subject to various requirements and limitations, including...

Please see full Publication below for more information.

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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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