Last week the House Subcommittee on Capital Markets, part of the powerful House Financial Services Committee, debated several important bills that may boost access to capital for SMEs. One of the bills, the Fix Crowdfunding Act (HR 4855), has the profound potential to turn Title III crowdfunding (Reg CF) into something quite powerful by addressing several shortcomings prescribed in existing rules. But probably the most important aspect of the Fix Crowdfunding Act is the fact that it will incorporate significant changes that will dramatically enhance investor protection while providing improved opportunity for smaller investors to generate wealth.
Image: http://www.crowdfundinsider.com
