There are two sides to every story. The same can be said for those who support and those who are against Crowdfunding. The proponents tend to be entrepreneurs, innovators, and America’s jobs engine. They are the ones advocating in favor of allowing entrepreneurs to raise a limited amount of capital from their friends, family & community. They are a fragmented group by nature, heads in the sand, focused on their businesses without deep pockets or the backing of special interests. The major opponents to crowdfunding are the SEC, FINRA and NASAA. They are government bureaucratic agencies with a vested interest in the current system, widespread oversight and deep pockets. Their job is to protect and regulate the large, often complex, public markets. However they tend to do so at the expense of small businesses. Overly bureaucratic rules, we see time and again, have a trickle-down effect on small businesses that hamper growth.
Find below a summary of the arguments for and against Crowdfund Investing.