In December 2013, the U.S. Securities and Exchange Commission (SEC) issued draft regulations for implementing Title IV of the JOBS Act in order to expand the potential use of Regulation A in offerings to raise capital.
SEC's Final Regulations for Implementing JOBS Act Crowd-Funding Capital Raising
The SEC issued draft regulations for implementing Title IV of the JOBS Act on March 25, 2015. The new regulations offer a way for an issuer to run an Internet-based, crowd-funding securities offering to both accredited and non-accredited investors.
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