The Angel Capital Association has launched a campaign to protect a potential loss of capital if the U.S. Securities and Exchange Commission increases the financial qualification for accredited investors. ACA, based in Kansas City, described the “Protect Angel Funding” initiative as a call to action to the startup eco system and said that proposed changes could eliminate about 60 percent of angel investors.
Image: http://www.bizjournals.com/ - Catherine Mott, Blue Tree Allied Angels.
To read the original article: The Angel Capital Association unveils a new initiative, fears increased financial qualifications for investors by SEC will reduce angel ranks - Pittsburgh Business Times
