SEC Votes to Approve Title III of the JOBS Act

The Securities and Exchange Commission has voted to adopt rules fully implementing Title III of the JOBS Act. These long-awaited rules make up the final section of the 2012 JOBS Act that had yet to be implemented, and will allow non-accredited, retail investors to invest in equity crowdfunding offerings. Under the final rules,  The new rules are expected to take effect in mid-2016. PeerRealty CEO Jordan Fishfeld discussed the new crowdfunding regulations in this Chicago Tribune article. Jordan also analyzes the new rules in more detail in this post on the PeerRealty blog.