U.S Securities and Exchange Commission. Crowdfunding 2013

The U. S Securities and Exchange Commission (SEC) unanimously approved the proposal of rules that will govern the Crowdfunding subject. The JOBS Act, which passed 390-26 in the House and 73-26 in the Senate, was designed to ease restrictions on capital-raising across a broad spectrum of finance, from IPOs to private placements and start-up seed financing. It left regulation to the SEC, where the subject has been mired in rulemaking delays. Crowdfunding remains one of the last provisions of the JOBS Act to be implemented.