2 ms·
Because it's never been legal to do so. And even now it's still not actually fully legal. Congress passed the JOBS act to allow for equity based crowd funding
by InclinedPlane 14y ago
Because it's never been legal to do so.
And even now it's still not actually fully legal. Congress passed the JOBS act to allow for equity based crowd funding but the SEC has blown past deadlines to actually implement it and make it a reality. Who knows when it'll actually be fully legal, hopefully some time this decade.