Crowd funding may be coming to a start-up near you as SEC considers new rules

Back in December, the Small Business & Entrepreneurship Council wrote a letter to the SEC, pointing out that the vast majority of start-ups need less than $1 million in capital to build their model. Recognizing that the biggest roadblock to an easing of the regulations by the SEC are fears that crowd funding will lead to rampant fraud, the SBEC offered a menu of ways for discouraging fraud and protecting people against undo losses.
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