On April 5, 2012, President Obama and bipartisan support from the U.S. Congress signed the JOBS Act into law. It was America’s most promising piece of legislation to jumpstart America’s economy by providing a new pool of investment capital for startups and small businesses.
The law allows 98% more Americans to begin investing in small local businesses they know and trust in return for an equity position that will provide a return on investment if the business becomes successful.
If Australia and the United Kingdom have been doing Crowdfunding for years with zero cases of fraud, why is our government allowing our country to fall behind in the race for worldwide economic recovery?
Please do what is right for America and pressure the SEC to issue Title II & III Crowdfunding rules ASAP!