A national investor group on Tuesday warned that federal regulators may adopt rules that would disqualify about 60 percent of current angel investors from funding startups.
The Angel Capital Association called on investors, economic development organizations and entrepreneurs to ask regulators to keep the current definition of a qualified angel investor in place.
Image: The Angel Capital Association, led by executive director Marianne Hudson, has launched a campaign to head off increased net worth standards for investors allowed to back startups.
To read the original article: More than half of angel investors could be barred by proposed SEC rule - Silicon Valley Business Journal
