from the Division of Corporation Finance’s Office of Small Business Policy met with a group from the Small Business & Entrepreneurship Council, which advocated an exemption from registration requirements for crowdfunding offerings meeting specific requirements. In addition, the Office of Small Business Policy and other members of the Division of Corporation Finance Staff discussed crowdfunding with representatives from the North American Securities Administrators Association, the organisation of state securities regulators, at a conference held on March 28, 2011.


23 HR 1070, available at: http://www.gpo.gov/fdsys/pkg/BILLS- 112hr1070ih/pdf/BILLS-112hr1070ih.pdf.


24 Note that this change merely puts into the statute the current requirements of SEC rules under Sections 12(g) and 15(d).


25 Available at http://www.sec.gov/info/smallbus/acsec/rebuilding_t he_ipo_on-ramp.pdf.


14 JOBS Act Quick Start


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