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Update on the JOBS Act: When Do the Rules Take Effect?

By | Jun 28, 2012 at 2:30 pm

In congressional testimony on Thursday, SEC chairman Mary Schapiro announced that the SEC will miss one of the deadlines for implementing the JOBS Act. The SEC was required to draft rules by July 4 for “general solicitation,” which allows entrepreneurs to advertise the fact that…


Obama to Sign Crowdfunding Act on Thursday; What Startups Need to Know

By | Apr 2, 2012 at 4:19 pm

President Obama is expected to sign the JOBS Act on Thursday, which will allow startups to begin crowdfunding up to $1 million per year from non-accredited investors. “Access to capital is not as broadly dispersed around the nation as it should be,” said Startup…