The Angel Capital Association thinks it may be able to live with new government fund-raising rules. But it hopes the Securities and Exchange Commission will be flexible regarding who can invest in startups and funds. The group this week issued guidelines for verifying that only accredited investors participate in startup fundings. That is defined as having a liquid net worth minus real estate of $1 million or annual income of at least $200,000.
To read the full, original article click on this link: National angel group softens stance on new SEC fundraising rules - Silicon Valley Business Journal
