Last week, federal securities regulators lifted a ban on advertising by startups and companies seeking to raise capital, a decision hailed by supporters who believe the move will make it easier for entrepreneurs to find investors.
The Securities and Exchange Commission approved the change that was part of the Jumpstart Our Business Startups (JOBS) Act, which was passed by Congress in 2012.
The Angel Capital Association, a trade group that represents networks of angel investors, however, is raising concerns about the new rule’s impact.
To read the original article: Angel Capital Association says new SEC rules could hinder angel investment | Biz Beat Blog
