JOBS Act Update
Last year on April 5th, President Obama signed the JOBS Act into law with a requirement that SEC implement regulations and a web portal process to stimulate crowdfunding by January 1, 2013. Well, we are all still waiting and it is not really clear how websites like kickstarter.com and indiegogo.comare operating within the law.
There is still time to influence how the regulations turn out. You may submit your comments to SEC.