SEC Will Vote on Final Rules for Title III Crowdfunding on Friday

AUSTIN, TX--(Marketwired - October 29, 2015) - Just in time for Halloween, will it be a trick or a treat? It's been over three years in the making but finally on Friday, October 30, 2015 the Securities and Exchange Commission ("SEC") will vote on the Final Rules for Title III of the JOBS Act. The proposed rules have been viewed as problematic by many in the crowdfunding industry, so it will be interesting to see if the SEC has addressed their most pressing concerns. So trick or treat, you decide. Either way, the wait will be over and the industry can press forward to bring Title III to fruition.

The meeting is being held at the SEC and is open to the public. It will also be streamed live via the SEC website, www.sec.gov. Once the rulings are published in the Federal Register, they should go live 60 days after the vote.

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Have questions about crowdfunding? Let Red Oak Compliance Solutions help you navigate the rules and regulations and keep you compliant.