E3 Investment Group, headquartered in New York, announced today Chief Executive Officer Matt Gordon has been invited to participate in a policy forum on the JOBS act organized by the White House Office of Science and Technology Policy. The JOBS Act, or officially, the Jumpstart Our Business Startups Act, was signed into law on April 5th, 2012. Recently, the Securities and Exchange Commission promulgated the needed rules under the JOBS Act to allow issuers directly advertise investment opportunities to potential high net worth investors and has proposed other rules which allow for ‘crowd funding’ to all investors.
According to Mr. Gordon, “The EB-5 program has always been a crowd-funding program, albeit with a particular focus on high net worth immigrant investors as the ‘crowd’. We are greatly honored to have been asked to help participate in an important policy forum based on our expertise and reputation of being at the forefront of legal structure, investor protection and technological issues.”
Mr. Gordon continued, “We look forward to having an active voice in the policy arena to help the law catch up with a rapidly advancing world. The key will always be to support market participant behavior through technologies that allow good and honest people to engage in robust activities while minimizing overly burdensome regulations. If we can accomplish this goal in the EB-5 Program, with crowd-funding and beyond, it will be a significant and on-going boost to the US economy.”