The Equity of the Crowds

Help the SEC Crowdsource Its Crowdfunding Rules

Speak now or forever hold your peace.
2385193167 b654c171891 Help the SEC Crowdsource Its Crowdfunding Rules

(flickr.com/Sreejith K)

The JOBS Act is a done deal, and as we reported last week, that means the doors to early-stage startup investment are about to swing wide open. But before everyone runs to their favorite crowdfunding platform, the SEC needs to come up with some rules. They’ve got nine months, and they’re taking suggestions. Perhaps you have some thoughts?

From the commission’s website:

The Jumpstart Our Business Startups Act includes provisions that require the SEC to undertake various initiatives, including rulemaking and studies touching on capital formation, disclosure and registration requirements.
Members of the public interested in making their views known on these matters, even before official comment periods may be opened, are invited to submit those views via the links below.

The statement also notes they’ll post every submission on their website unedited, adding, “You should only make submissions that you wish to make available publicly.”

The SEC: apparently not huge fans of anonymous commenters.

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