Deadline approaching for crowdfunding regulators

Ever since President Obama signed the Jumpstart Our Business Startups Act in April, entrepreneurs and investors have been buzzing about the promise of new paths to start-up capital. But the clock is ticking for the regulators charged with implementing the law, and with little more than a month left before their deadline, several key questions remain unanswered.

“There’s a lot of work left to be done,” Gregory C. Yadley, partner at Shumaker, Loop & Kendrick in Tampa said during a Washington forum at the Securities and Exchange Commission last week. “The law is better than it might have been … but there are lots of loose ends, a lot of inconsistencies.”

Read More at WashPo

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