Startups Remain Cloudy on the New General Solicitation Rule

President Barack Obama signs the Jumpstart Our Business Startups Act on April 5, 2012. Photograph by Pablo Martinez Monsivais/AP Photo

On Monday, a Securities and Exchange Commission rule that lifts longstanding restrictions on how startups can market equity stakes to investors will take effect. That doesn’t mean the startup community is happy.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.