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The Securities and Exchange Commission’s (SEC) Advisory Committee on Small and Emerging Companies met in early June to discuss various topics concerning, of course, small businesses. One of the primary topics the Committee addressed was the growing enactment and use of state-based crowdfunding (i.e. “Intrastate crowdfunding”) and how the SEC can, and should, support those efforts by modernizing Rule 147.

Image: http://www.crowdfundinsider.com