Corporate
Nov. 5, 2014
States step in where federal government resists on investor crowdfunding
More than two dozen states have taken up the issue themselves in an effort to stimulate investment activity within their own borders.
Daily Journal Staff Writer
With no clear sense of when the Securities and Exchange Commission will finalize its rules governing online equity crowdfunding at the federal level, more than two dozen states have taken up the issue themselves in an effort to stimulate investment activity within their own borders.
Late last month, Texas became the 14th and most recent state to pass rules allowing unaccredited investors - indivi...
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