The crowdfunding industry is experiencing growing pains as entrepreneurs and operators of Web-based financing portals complain about a few hostile state securities agencies and the regulators grapple with an industry whose rules have yet to be written by the Securities and Exchange Commission.
While some states, like Georgia, Kansas and North Carolina, have welcomed the advent of Internet-based crowdfunding as a potential boost to their economies, with their own intrastate rules, others have taken a more skeptical and cautious approach.
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To read the full, original article click on this link: The Deal: States Greet Crowdfunding With Hostility - TheStreet
