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Rest assured, when the SEC publishes proposed rules to implement investment crowdfunding under Title III of the JOBS Act, we will be discussing them.

I'll be happy to eat crow, too, should the rules somehow take the unworkable legislation and make a truly useful exemption out of it. (See this post: Three things broken in investment crowdfunding that SEC regulations won't fix.)

But some folks, also not counting on the federal investment crowdfunding exemption to amount to anything, are resolving to take the concept to state legislatures.

To read the original article: The JOBS Act: Crowdfunding State By State? | The VC Experts' Buzz | VC Experts