We’ve been following the Securities and Exchange Commission’s (the "SEC") slow to develop rules respecting crowdfunding for some time. Many people, including your correspondent, wondered whether the SEC would ever issue final rules. Well, on October 30, 2015, the SEC actually adopted final rules under Title III of the Jumpstart Our Business Startups Act (the "JOBS Act"). Among other things, the JOBS Act permits companies seeking to raise capital, or "issuing companies", to sell securities to investors through crowdfunding. Over at the Emerging Companies Insider blog, our colleagues JR Lanis and Michael Hart have prepared a brief but comprehensive overview of what companies, investors and others affected by the new crowdfunding rules need to know. I highly recommend it.

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