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 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 the SEC web site. Once the rulings are published in the federal register, they should go live 60 days after the vote. Click here for more information.
Have questions about crowdfunding, let Red Oak help you navigate the rules and regulations and keep you compliant.
About Red Oak Compliance Solutions
Red Oak Compliance Solutions is a leading provider of intelligent compliance software, offering a range of AI-powered solutions designed to help firms of all sizes successfully navigate the increasingly complex regulatory landscape. Our suite of 17(a)-4/WORM compliant features offer risk minimization, cost reduction, and process optimization capabilities with features that are designed to evolve with our client’s needs. Our flagship advertising review software enables firms to deliver compliant content to the market with confidence, faster. Our Disclosure Management and Intelligence solution simplifies the management of disclosures, while our Registration Management solution automates and streamlines the licensing and registration process, further enhancing your internal processes.