JKBX has announced that it has received qualification from the US Securities and Exchange Commission (SEC) for its assets. The result: as of this week, investors – including consumers aka ‘retail investors’ – can legally purchase shares in the royalty streams of hits via JKBX.com. The JKBX platform soft-launched last year, but while awaiting SEC qualification, its users could only ‘reserve’ (rather than outright buy) these royalty shares.
Source: Music royalties trading platform JKBX launches – with regulatory approval from the SEC