Gregory C. Yadley, partner at Shumaker, Loop & Kendrick in Tampa was quoted saying, “There’s a lot of work left to be done…The law is better than it might have been … but there are lots of loose ends, a lot of inconsistencies” at a Washington forum at the SEC Commission last week. This raises doubts as to whether or not the SEC will have finished crafting adequate regulations regarding equity crowdfunding by January 1st, 2013.
Equity crowdfunding is a completely new finance arena that demands a high level of scrutiny and investor protection. For the full article in the Washington Post, click here
