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Group mulls hedge fund advertising, crowdsourcing capital

Summary A government advisory panel is considering moves that would allow startups to raise money online and permit hedge funds to advertise.

Description Relaxing the rules "can be a pretty big issue in Connecticut because there are a lot of hedge funds here and most of them are sold as private offerings," he said. The committee was charged with studying whether the current rules are restricting capital formation and fund raising for small companies, and an issue that might be hampering both areas is tied to finding accredited investors.

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