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FEB 08, 2013 - San Francisco Chronicle

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Crowdfunding awaits key rules from SEC

Crowdfunding awaits key rules from SEC Some critical questions remain - how much disclosure companies will have to provide investors, how much personal liability they and their directors will bear for misstatements or omissions in disclosure documents, and whether crowdfunding portals can curate or choose which companies are listed on their platforms. If the regulations are too onerous, some fear the most promising companies will seek funding through traditional channels - such as venture capital and angel investors - and only the most desperate will use crowdfunding. "The SEC can make ... Read More

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