Shares of Ma ‘n’ Pa’s Grocery and Funeral Services seem likely to be stalled in their release to the public. While the café-crematorium concept hasn’t caught on with the big boys, companies were hopeful that the end of the year would see new legislation regarding crowd-sourced funding stemming from the JOBS Act. Now, as it does with so many other things, the government seems unlikely to pass anything before next year. A combination of complications has helped put the brakes on the new legislation, and small businesses are going to have to wait.
But the wait might end up being a good thing. With more time to work out legislation, the Securities and Exchange Commission (SEC) can help secure investors and help businesses at the same time. One way they can do that is by changing how we think about crowdfunding. Here’s a background on the system, and why creating a two-tiered future might solve a lot of problems.
Crowdfunding for the masses
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