Title III of the JOBS Act is the Capital Raising Online While Deterring Fraud and Unethical Non-Disclosure Act of 2012, or the CROWDFUND Act. It was signed into law by President Obama on April 5, 2012. Crowdfunding will be legal once the SEC adopts crowdfunding rules (within 270 days of when the CROWDFUND Act was signed into law), and registers funding portals.
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