SEC Crowdfunding Rule Could Let Small Businesses Raise $1Million per Year

Published on October 23rd, 2013 | by

green investing dude with suitA proposed crowdfunding rule by the Securities and Exchange Commission would allow small businesses to raise up to $1 million a year from unaccredited investors.

“Entrepreneurs and start-up companies looking for investors will be able to solicit over the Internet from the general public under a new proposal issued by U.S. regulators on Wednesday.

The “crowdfunding” proposal, if adopted by the Securities and Exchange Commission, would be a major shift in how small U.S. companies can raise money in the private securities market.” – Reuters

Read the full piece here: SEC releases ‘crowdfunding’ rule

More in-depth coverage can be found at Forbes: SEC Proposes Crowdfunding Rules


About the Author

lives in southwestern New Mexico and digs bicycles, simple living, organic gardening, sustainable lifestyle design, slacklining, bouldering, and permaculture. He loves good food, with fresh roasted chiles at the top of his list of favorites. Catch up with Derek on Twitter, RebelMouse, Google+, or at his natural parenting site, Natural Papa!