Under the proposed rules, Title III of the Jumpstart Our Business Startups Act (JOBS Act) will create a new investor class by allowing non-accredited investors to participate in crowdfunding.
Implications of JOBS Act Title III (Non-Accredited Crowdfunding):
Democratized investment landscape – Aims to transform venture capital industry by the expansion of investors;
Creation of a new class of investors – The rules open the chance of crowdfunding investment to non-accredited individuals who want to participate.
Take the crowdfunding opportunity offered by the different online platforms and take time to make choices and to understand how these choices work for both issuers and investors. We hope for a positive impact and healthy growth for small businesses.
Via Rick Passo, Alan Yoshioka