The SEC Releases new FAQs for Crowdfunding Portals

The SEC’s Division of Trading and Markets released a series of frequently asked questions and answers concerning Regulation CF Crowdfunding portals.   The document is meant to help understand the new rules and forms, collectively known as Regulation Crowdfunding, permitting companies to offer and sell securities to retail investors in reliance on the exemption under Section 4(a)(6) of the Securities Act of 1933.  Those rules and forms in turn implement the requirements of Title III of the Jumpstart Our Business Startup Act.

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