SEC Issues FAQ On Crowdfunding Intermediaries

A special thanks to Ruth Hedges of Crowdfundingroadmap.com for bringing this to our attention

Jumpstart Our Business Startups Act
Frequently Asked Questions About Crowdfunding Intermediaries

Division of Trading and Markets

May 7, 2012

In these Frequently Asked Questions (FAQs), the Division of Trading and Markets is providing guidance on the implementation of the crowdfunding intermediary provisions of the Jumpstart Our Business Startups Act (JOBS Act). These FAQs are not rules, regulations or statements of the SEC. The SEC has neither approved nor disapproved these FAQs.

The Division may update these questions and answers periodically. In each update, the questions added after publication of the last version will be marked with “MODIFIED” or “NEW.” In addition, the SEC is soliciting public comments on regulatory initiatives under the JOBS Act.

Background

These FAQs address questions about the crowdfunding intermediary provisions in Title III of the JOBS Act.

Click here for the Responses to Frequently Asked Questions