The SEC is dragging its feet on hashing out the rules for equity crowdfunding, and thekvetching from crowdfunding advocates is growing louder. Mary Schapiro stepping down as SEC chairwoman hasn’t exactly lifted hopes that the agency will produce a set of rules in a timely fashion.
AOL co-founder and Revolution Growth Partner Steve Case, a major backer of the JOBS Act, is among those who remain optimistic – though he certainly hears the frustration. Here’s what he told reporters on a conference call Monday afternoon:
“There are some in the crowdfunding community that are concerned that it’s taken longer to get the rules written than they would have liked and are concerned that it could result…in more regulation than is appropriate,” Case said.
Beta. Initial Form 1-A only. Target raise is the stated Amount to be Raised, totaled. Compared with the same dates one year earlier.
YTD: Jan 1, 2026 - Oct 22, 2026 vs Jan 1, 2025 - Oct 22, 2025
Share this graph
Number of Filings130Prior 125 +4.0%
Target Raise, Total$3.37BPrior $3.54B -4.7%
This YTD
Year prior
Change
Filings
130
125
+4.0%
Target raise
$3.37B
$3.54B
-4.7%
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the Crowded Media Group
the leading digital news service covering the global Fintech Industry, including digital assets, crowdfunding, tokenization, and other innovations in capital markets. email us@CrowdfundInside
This display counts initial Form 1-A filings only. It does not represent subsequent filings, including Form 1-A/A amendments or Form 1-A POS post-qualification updates filed by the issuer. Amounts are the stated Amount to be Raised on the initial filing, not capital raised and not amounts revised in later filings.
Crowdfund Insider is the leading news website covering the emerging global industry of disruptive finance including investment crowdfunding, Blockchain, online lending, and other forms of Fintech.
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The SEC is dragging its feet on hashing out the rules for equity crowdfunding, and thekvetching from crowdfunding advocates is growing louder. Mary Schapiro stepping down as SEC chairwoman hasn’t exactly lifted hopes that the agency will produce a set of rules in a timely fashion.
