Regulation Crowdfunding is here
The new JOBS Act-mandated crowdfunding rules become effective today, May 16 — and already this morning offering statements on new Form C are rolling in. If you have access to Securities Mosaic, you can see them by clicking here.
The crowdfunding rules are intended to offer startups and smaller, private companies an easier path to raising capital. As we noted in our March 18 blog post on the topic, regulation crowdfunding allows for multiple investors to buy securities online via SEC-registered broker-dealers or “funding portals,” which must register with the SEC via new Form CFPortal. Read more from the SEC on the new filings associated with Regulation C here.