For some time now, Boise Weekly has been following the story of The JOBS Act, a bill Congress passed to overhaul Securities and Exchange Commission regulations put in place after the Great Depression to help curb corruption in the investment industry.
A key component of the bill eases restrictions on small investments to companies, the idea being that Internet technology and the concept of crowdfunding could be used for small businesses to get access to capital in ways other than banks.
After passing the bill, Congress handed it over to the SEC to write the new rules.
One of the bill’s biggest boosters has been waiting in the wings at SXSW: EarlyShares.com.
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