Today, the United States Securities and Exchange Commission (SEC) is hosting two meetings of the investor advisory committee. The second of these is scheduled to start at 1:00 PM EST and will deal with the SEC’s earlier request for comment on harmonization of securities exemptions.
The current schema of exemptions is overgrown, with the adoption of the Jumpstart Our Business Startups (JOBS) Act of 2012 adding complications that are still being threshed out. The act legalized crowdfunding from non-accredited investors and expanded the exemptions listed under Regulation A, the updated version of which is often called Regulation A+.