Sorry for all the confusion. The rulemaking timeline for the SEC is 270 days from enactment. So what does this mean for crowdfunding? Well certainly it is not on the front burner. The SEC still has rules to write under Dodd-Frank and also shorter deadlines for rulemaking for other parts of the JOBS Act. Then there are the studies.
The crowdfunding industry will need to stay on top of the rulemaking process.
(C) Copyrighted 2012 Sharon M. Davison Reuse with attribution.