Grassroots lobbying effort asks SEC to issue final crowdfunding rules

Reposted from Forbes

On April 4, 2012, President Obama signed the JOBS Act, authorizing a variety of significant changes to securities laws, including the enabling legislation for crowdfunding under Title III of the Act. Two-and-one-half years later, the rules to implement the law remain in draft form, pending action by the Securities and Exchange Commission, the SEC.

Ron Miller, CEO and founder of an equity crowdfunding site focused on operating under the rules of Title III of the JOBS Act calledStartEngine, has launched a grassroots effort to pressure the SEC to issue final rules under the act. The campaign features the hashtag #VoteOnCrowdfunding for use on social media.

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