US SEC announces long awaited Equity Crowdfunding rules

31 Oct 2015: The United States Securities & Exchange Commission (SEC) finally announced its crowdfunding regulations to implement Title III of the JOBS Act on Thursday. The SEC originally published draft equity crowdfunding rules in October 2013. The final 685 page set of rules generally follows those draft regulations, although the financial disclosure requirements have been lightened for smaller capital raises and first time fundraisers. The rules will enter into force 180 days after they have been published in the Federal Register & the SEC will start accepting applications from crowdfunding portals by the end of January 2016.

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