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SEC To Rule on JOBS Act July 10th

NEW YORK (TheStreet) –The JumpStart Our Businesses Act, or JOBS Act, needs a jumpstart itself. Progress, however, finally seems to be happening as the SEC is scheduled to hold an open meeting on July 10 to vote on the Title 2 portion of the Act. It isn’t the crowdfunding portion that many are anxiously awaiting, but it is a sign of action which is giving the crowdfunding crowd a feeling of hope. Title 2 was supposed to be completed 90 days after the enactment of the JOBs Act, but has only gone so far as a set of proposed rules …read more