Applications And Problem Areas Of New NJ Crowdfunding Law

Law360, New York (December 8, 2015, 10:37 AM EST) -- Crowdfunding has been a popular securities law topic since the Jumpstart Our Business Startup Act of 2012 (Jobs Act) required the U.S. Securities Exchange Commission to create a new regulatory regime to facilitate capital raising by small companies. After several years of discussion and a certain amount of hand-wringing, on Oct. 30, 2015, the SEC adopted final rules to permit equity crowdfunding under Title III of the Jobs Act. Under the new rules, companies are now permitted to raise up to $1 million in crowdfunding offerings during any 12-month period from all investors, including unaccredited investors, subject to compliance with the prescribed offering requirements....

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