This just in, Securities and Exchange Commission (SEC) just approved to adopt final Title III crowdfunding rules by a vote of 3 to 1 (with Commissioner Piowar voting against). The SEC also voted 3 to 1 (again with Commissioner Piowar voting against) in favor of proposing amendments to the current Rule 147 and Rule 504 to help foster Intrastate Crowdfunding……A truly historic day for Crowdfunding!!!!
MORE TO COME SOON ON THESE HISTORIC DEVELOPMENTS
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About Anthony Zeoli
Anthony Zeoli is an experienced transactional attorney with a national practice. Specializing in the areas of securities, commercial finance, real estate and general corporate law, his clients range from individuals and small privately held businesses to multi-million dollar entities. Mr. Zeoli is also an industry-recognized crowdfunding, peer-to-peer (P2P) lending and JOBS Act expert and is currently an active board member and Secretary of the CfPA (Crowdfunding Professional Association) and an active member of CFIRA (Crowdfund Intermediary Regulatory Advocates). Most recently he drafted Illinois House Bill 3420, a bill which provides for an intrastate crowdfunding exemption in Illinois and which was unanimously approved by the Illinois’ house and Senate. Anthony is also currently actively involved with the entrepreneurship program at the University of Illinois at Chicago as both a mentor and a student advisor and is an active advisory board member of the New York Distance Learning Association (NYDLA).
Hoohray, Anthony Zeoli as I heard it clearly and first here. I am sure to review his posts and look for his interpretations near term. Thank you Douglas Wilson, Ajax Capital Management, Inc