Follow Slashdot stories on Twitter

 



Forgot your password?
typodupeerror
Compare cell phone plans using Wirefly's innovative plan comparison tool ×
The Almighty Buck Government United States

The SEC Is About To Make Crowdfunding More Expensive 366

PapayaSF writes "Proposed new rules require that funding portals register with the Securities and Exchange Commission and the Financial Intermediary Regulatory Authority. In addition, investors must have access to a business plan, use of proceeds, a valuation of the company, and financials, so Certified Public Accountants may be 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?"
This discussion has been archived. No new comments can be posted.

The SEC Is About To Make Crowdfunding More Expensive

Comments Filter:

"I'm growing older, but not up." -- Jimmy Buffett

Working...