JOBS Act: You don't need to be an accredited investor to buy equity in a startup - Technical.ly Philly

Growth

Nov. 19, 2013 8:00 am

JOBS Act: You don’t need to be an accredited investor to buy equity in a startup

Average people, or those that aren’t accredited investors, might soon be able to buy equity in a company.

The SEC issued “proposed rules and forms” last month that would implement Title III of the JOBS Act, which allows non-accredited investors to invest in a company. Local attorney and IMPACT chairman Michael Harrington of Fox Rothschild explains what the new rules mean in a guest post on our national site, Technical.ly.

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