RE Pros Still Wary Of Crowd Funding As JOBS Act Ramps Up

Law360, New York (September 23, 2013, 10:47 PM EDT) -- With Monday's official launch of the JOBS Act, a slew of private investment firms immediately took advantage of their new ability to solicit funds from the public, but the real estate community is largely hanging back in anticipation of the SEC's guidance on accepting funds from nonaccredited investors.

The implementation of the Jumpstart Our Business Startups Act will happen in phases, with Monday marking the first time companies can spread the word about investment opportunities to the general public through social media and other methods....
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