First S.E.C. Rulings Launch Crowdfunding with Accrediteds

After delays, the S.E.C. finally ruled publicly on crowdfunding legislation.

When President Obama signed the JOBS Act into law on April 5, he also fired the starting gun to make business crowdfunding real in 270 days.

The S.E.C.’s mandate? Develop a set of rules that will — for the first time in 70-plus years — bring U.S. small businesses and ordinary investors to the table to make good things happen together.