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In the News Press Release

Cautious Optimism Seen as Equity Crowdfunding Begins

Publisher: Massachusetts Lawyers Weekly
October 20, 2016

Jeff Clopeck was quoted in an article, "Cautious optimism seen as equity crowdfunding begins," in Massachusetts Lawyers Weekly. Since the SEC's regulations governing equity crowdfunding became effective five months ago, 132 companies have sought to raise capital using online funding portals authorized by the Securities and Exchange Commission as part of the Jobs Act. The article outlines challenges that some companies may face in using the program including a $1 million cap for raising funding, post-closing difficulties and advertising restrictions.  "People are feeling it out," explained Clopeck. "The real question is the level of activity after a year or so."

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