Author:Wall Street Journal

SEC Urged to Scale Back 'Crowdfunding' Rules

Firms Warn Current Restrictions Will Serve as a Deterrent to Smaller Companies Washington - Startups and entrepreneurs are criticising proposed "crowdfunding" rules designed to ease their ability to reach large numbers of investors online, warning the current restrictions will deter smaller companies from using the financing...

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SEC Expected to Propose 'Crowdfunding' Rules

Source: Wall Street Journal   WASHINGTON—The Securities and Exchange Commission is set to propose rules allowing entrepreneurs to tap large numbers of ordinary investors for small amounts of capital, advancing long-delayed "crowdfunding" provisions from last year's Jumpstart Our Business Startups Act. Supporters hope small businesses and entrepreneurs...

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