Crowdfund Act (S. 2190)
document CrowdfundingText of the Crowdfund Act (S. 2190), introduced today by U.S. Senators Brown (R–MA), Merkley (D–OR), and Bennet (D–CO).
Eric BlattbergMar 13, 2012 09:08 pm GMT2854 views
03
Web's Largest listing of crowdsourcing and crowdfunding events
Web's Largest Directory of Sites2,358 crowdsourcing and crowdfunding sites
Text of the Crowdfund Act (S. 2190), introduced today by U.S. Senators Brown (R–MA), Merkley (D–OR), and Bennet (D–CO).
This afternoon U.S. Senators Brown (R–MA), Merkley (D–OR), and Bennet (D–CO) introduced the bi-partisan Crowdfund Act (S. 2190), legislation that would lift much of the regulations restricting the crowdfunding of small businesses and entrepreneurs. Start-ups could solicit up to $1 million per year from individual investors, though they would have to use SEC-accredited platforms to do so. Investors with annual incomes less than $100,000 could invest up to $2,000, or 5 percent of their income. Wealthier individuals would have considerably more freedom; they could invest up to 10 percent of their income, with a cap at $100,000.
Maurice Lopes, President and co-founder of EarlyShares.com, the first equity-based crowdfunding platform in the United States that helps to raise capital from investors for a company, stated “We...
The momentum has shifted back in favor of equity crowdfunding! The Senate bill with bipartisan sponsorship, a balance of state oversight and federal uniformity, industry standard investor...
Founded in 2010, the industry website, Crowdsourcing.org, is a neutral organization dedicated solely to crowdsourcing and crowdfunding. As one of the most influential and credible authorities in the crowdsourcing space, Crowdsourcing.org is recognized worldwide for its intellectual capital, crowdsourcing and crowdfunding practice expertise and unbiased thought leadership.
