Slashdot is powered by your submissions, so send in your scoop

 



Forgot your password?
typodupeerror
For the out-of-band Slashdot experience (mostly headlines), follow us on Twitter, or Facebook. ×

+ - The SEC is about to make crowdfunding more expensive->

PapayaSF writes: Proposed new rules require that funding portals register with the Securities and Exchange Commission (SEC) and the Financial Intermediary Regulatory Authority (FINRA). In addition, investors must have access to a business plan, use of proceeds, a valuation of the company, and financials, so CPAs may needed. The SEC estimates that for amounts under $100,000, the fees will be 12.9% to 39% of the money raised, though it may drop to under 8% for higher amounts. Is this needed regulation, or bureaucratic overreach?
Link to Original Source
This discussion was created for logged-in users only, but now has been archived. No new comments can be posted.

The SEC is about to make crowdfunding more expensive

Comments Filter:

Aren't you glad you're not getting all the government you pay for now?

Working...