Title II & III

Title II

Title II is a measure of the JOBS Act that directs the SEC to promulgate rules eliminating the long-standing prohibitions on “general solicitation” and “general advertising” (which we refer to collectively as “general solicitation”) in certain private securities offerings.

Title III

A provision of the JOBS Act that establishes the crowdfunding exemptions and directs the SEC to promulgate rules to give effect to those exemptions.