By Irene Tordera , crowdvalley.com,
Three full years have passed since the JOBS Act was signed. In this time, the SEC has translated into rules only some of the Titles within it, for example TItle II and Title V, but has not acted yet on Title III, which should open online investing to retail investors. However, in these weeks there are signs that the situation may change.
FINRA proposes that online investing portals adopt some of its existing rules (i.e. rules 100, 110, 200,300, 800, 900 and 1200, collectively, the “Funding Portal Rules”), but also the newly introduced rule 4518. According to this latter news, brokers registered with FINRA shall notify FINRA: