CrowdFunding Beat News Wire, Jason Best and Sherwood Neiss principles of Crowdfund Capital Advisors have joined the growing group of crowdfunding industry participants demanding SEC to release final rules on Title III crowdfunding immediately. “game changing.” Our team, Sherwood Neiss, Jason Best, and Zak Cassady-Dorion first came to Washington in early 2011 to propose the Startup Exemption; a 10-point framework to enable crowdfund investing by harnessing the power of the Internet to deliver much needed capital to start-ups and small businesses. We worked hard to advance our framework through the legislative process including serving as invited witnesses before five House and Senate Committees. It was an honor to be present at the White House for the JOBS Act signing ceremony and hear President Obama call crowdfunding, the focus of our efforts, “game changing.” “We realize that no law is perfect, but we believe that the right Title III rules will be a viable starting point for crowdfund investing in America. As developers of the crowdfund-investing framework, we are well aware that you must tackle a multitude of issues in order to fairly balance the interests of entrepreneurs and investors”
“We kindly urge you to work with the industry to resolve any outstanding issues and to move the Title III rules to a vote as quickly as possible.”
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