Thursday, October 15, 2015
Equity Crowdfunding Will Become Reality In 2016
In 2016, regular people (aka, the "crowd") will gain access to a highly sought after, often risky asset class: start-up and early stage companies. FINRA, the Financial Industry Regulatory Authority, announced the release of its rules for crowdfunding portals promulgated in connection with Title III of the Jumpstart Our Business Startups Act. This rule release suggests that the Securities and Exchange Commission will soon release its final version of “Regulation CF," paving the way for a launch of crowdfunding platforms in 2016.