Description Shortly after the SEC made its proposal last week, crowdfunder announced an alliance with an existing broker-dealer, New York-based GATE Global Impact, to pursue securities-based crowdfunding between U.S. business owners and accredited investors.

While waiting for SEC regulations to be released, crowdfunder had been building a virtual community of 9,000 investors and entrepreneurs and 1,100 registered companies looking both to invest in and fund start-up businesses. Leveraging crowdfunder’s existing network, GATE’s broker/dealer division will facilitate the securities-based transactions between investors and companies.

SOURCE LINK to full article: http://www.washingtonpost.com/business/quickly-adapting-to-crowdfunding-laws/2012/09/06/e18b8ad4-f7ad-11e1-8253-3f495ae70650_story.html