This article looks to the language of the JOBS Act and the legislative history of the various efforts to create a crowdfunding exemption for equity investments and concludes that the fifty states will most likely end up regulating equity crowdfunding, rather than the federal government. The article explains how the JOBS Act fits into this mosaic and sharply delineates the states' roles in regulating crowdfunding.
- Summary by FizzLaw Team
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Why I think the 50 states will end up regulating equity crowdfunding