The U. S. Securities and Exchange Commission has set May 16, 2016 as the release date when companies can use securities-based crowdfunding to offer and sell securities to the investing public. This release is likely to be a game-changer in the equity and venture capital sectors.

What professionals need to know

The enabling language establishing regulations and rules for securities-based crowdfunding is here, or follow the full link below. It provides the information needed to remain in compliance with the new regulations.
https://www.sec.gov/rules/final/2015/33-9974.pdf

What investors need to know

Broker-dealers and funding portals that operate securities-based crowdfunding platforms are required to offer educational materials to help investors understand this type of investing. The SEC has produced a Bulletin to guide investors interested in securities-based crowdfunding.

https://www.sec.gov/oiea/investor-alerts-bulletins/ib_crowdfunding-.html