Joe Wallin has gotten a discussion going over on his blog about whether it's okay to include non-accredited investors in a Rule 506 deal.
"No, no, no," say startup lawyers like Joe and me.
"But the rules say otherwise," counter entrepreneurs and crowdfunding advocates who are reading the rule carefully.
What's missing, what's needed, is a viable investment crowdfunding exemption, one built around the Individual Crowdfunding Account, so that the investor can be in charge of her own investor protection.
To read the original article: The JOBS Act: Rule 506 And Non-Accredited Investors | The VC Experts' Buzz | VC Experts
