As expected, the funding portal rules operating under Title III of the JOBS Act have hit the pages of the Federal Register. Platforms intent on leveraging the new exemption to issue securities of up to $1 million are able to start the process of registering with FINRA and the SEC.
Some industry observers have criticized the statutory requirements. Crowdfund Insider Senior Contributor Anthony Zeoli believes the rules are workable but there are more useful / cheaper alternatives to Title III - an exemption that was supposed to make capital raising easier. He recently stated;
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