Equity crowdfunding platform EarlyShares provided the following infographic outlining some of the facts and estimates behind Title III of the JOBS Act. Title III aims to legalize equity crowdfunding for non-accredited investors. Rules for the new exemption (Seciton 4(a)(6) of the Securuties Act) were proposed in October of this year.
RELATED | THEY’RE HERE: SEC’s Proposed Rules For Equity Crowdfunding
It’s particularly interesting to see that the Crowdfund Intermediary Regulatory Advocates (CFIRA) estimated that 2 million jobs could be created by equity crowdfunding. That would certainly have a sizable impact on the US economy. See the infographic below. For a larger view, click on the image…
