The Promise and Perils of Equity Crowdfunding
The U.S. Securities and Exchange Commission is proposing a set of rules to let start-ups and other small companies sell securities for the first time through crowdfunding. Mandated by the Jumpstart Our Business Startups (JOBS) Act of 2012, the new rules aim to make access to capital a less onerous and costly endeavor for small firms seeking to raise a modest amount of funds.
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