232 ◾ The Guide to Entrepreneurship: How to Create Wealth for Your Company
to provide information to investors, reduce the risk of fraud, and, where
required under the Act, ensure that investors and issuers satisfy the require-
ments outlined in Title III of the JOBS Act.
The JOBS Act requires these intermediaries to, among other things:
◾ provide disclosures that the SEC determines appropriate by rule, includ-
ing regarding the risks of the transaction and investor education materials
◾ ensure that each investor: (1) reviews investor education materials;
(2) positively afrms that the investor understands that the investor is
risking the loss of the entire investment, and that the investor could
bear such a loss; and (3) answers questions t ...