It’s been more than four (very long) years since the Jumpstart Our Business Startups Act (the JOBS Act) made its debut, with much fanfare, in the White House Rose Garden. And on May 16, 2016, the official date of the emancipation of investment crowdfunding in the US, Title III of the JOBS Act was officially kicked off, following years of procrastination and hand wringing by the SEC.
Though I have been a strong advocate for breaking down all regulatory bottlenecks in the way of capital formation for our country’s SME’s, I was not in a celebratory mood on May 16. In fact, I was not even in the country.
Image: http://www.crowdfundinsider.com
