The Securities and Exchange Commission, which governs investing and trading stocks, is proposing an update that will enable crowdfunders to more easily sell shares in their companies.
Currently, entrepreneurs starting a company can crowdfund, but only by offering products or services in exchange for contributions. That’s due to an SEC rule that forbids the marketing of “private securities,” Econ 101 for shares that do not trade on a public exchange, such as the NASDAQ or NYSE.
To read the full, original article click on this link: Crowdfunding a startup: now open for investors (but only if you’re accredited) | VentureBeat
