Recent changes in securities law have shed light on the challenges and compelling need for liquidity for new types of assets. One of the changes is due to the introduction of the JOBS Act, signed into law in April 2012. The act created a revolutionary way for small businesses to collect capital by letting them using online crowd funding to raise up to $1 million by selling equity in their company. However, the SEC has yet to pass regulations relating to the JOBS Act and crowd funding remains on hold.
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