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Quoted on ReelGrok about Crowdfunding and the JOBS Act

ReelGrok about the new crowdfunding rules to be implemented following President Obama's signing of the JOBS ACT Thursday.  In the interview, I expressed my view that while the relaxation of the rules on how prospective investors can be approached for financing is a potential boon to theatre producers and indie filmmakers, the  need to scrupulously comply with the anti-fraud rules for such offerings remains.  With the new law, small businesses may find it easer to approach investors, but those investors will need to be vigilant in protecting their interests.  The potential for fraud is really quite high.

Read the Article here:

Obama Signs Jobs Act
Crowdfunding to Boost Indie Filmmaking

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