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Soon Internet crowdfunding sites will let investors buy stock

October 23, 2013

Last year Congress passed Title III of the JOBS Act to allow smaller companies to get an exemption from the strict and costly rules controlling the sale of securities to individuals.
The SEC has developed equity crowdfunding rules in response to that law – rules that help companies raise capital but also protect investors from scams. Those rules are now out for community review and will be enacted shortly thereafter.
Kickstarter, IndieGoGo and the others can apply to qualify but there will likely be a flurry of new Internet portals just for this purpose.
Let the Wild West begin anew!

Frank Tobe is the owner and publisher of The Robot Report, and is also a panel member for Robohub's Robotics by Invitation series... read more


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