Crowdfunding Amendment to JOBS Act Must Pass

Cloture on the JOBS Act was invoked earlier today so that debate can end swiftly and a vote on final passage will come by approximately 12:30pm EST tomorrow, March 22nd! Contact your Senator before then and say simply:

“I support the JOBS Act and I support the final crowdfunding amendment to the JOBS Act. I hope both will have the Senator’s vote.”

The bipartisan Senate amendment proposed today by Senator Merkley and others closes many loopholes from the House version and proposes industry standard investor protections to prevent crowdfunding fraud. This amendment unreservedly has our support at Launcht and we hope it has your support too. UPDATE (3/21/12 9PM EST):  Our sources in the Senate just made it clear that this amendment must pass in order for Democrats to vote for the JOBS Act.

In these final hours, we must choose the right course of action to get the JOBS Act passed and our fledgling industry protected. In this case they are the same thing. Please Contact your Senator and say simply:

“I support the JOBS Act and I support the final crowdfunding amendment to the JOBS Act. I hope both will have the Senator’s vote.”

About Freeman

The CEO and Co-Founder of Launcht is living his dream.
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