In this article, the statute passed by the House to create the new crowdfunding securities exemption is analyzed. The explains the basic parameters which a company raising money via crowdfunding will need to follow to fall within the exemption, and also details how the mechanics of the crowdfunding exemption would work given the existing corpus of securities laws.
- Summary by FizzLaw Team
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Bill Creating Crowdfunding Exemption from Securities Registration Passes U.S. House of Representatives