Crowdfunding w/Unaccredited Investors: The SEC (at long last) Issues its Proposal
A Summary at The Verge: SEC Proposes Rules to Allow Anyone to Invest in Startups
The SEC’s press release and fact sheet: SEC.gov webpage
The Proposed Rules: (pdf – 585 pages – so much for simplicity)
More:
Trepidation and Restrictions Leave Crowdfunding Rules Weak (New York Times): “Crowdfunding is becoming a reality, but the question is whether it will thrive or become largely a vehicle for fraud.”
BackTrack Reports’ Randy Shain: JOBS ACT For Small Businesses Could Lead To Big Fraud