WASHINGTON, D.C. - Last week marked the deadline for the Securities and Exchange Commission (SEC) to accept public comments on proposed regulations to permit companies to offer and sell securities through crowdfunding. In submitted comments, John Berlau of the Competitive Enterprise Institute argued that the proposed rules could result in “costly, paternalistic requirements on crowdfunding that have the effect of keeping the status quo and locking ordinary investors out of startup capital.”
To read the original article: KPBJ.COM | Proposed SEC rules on crowdfunding threaten access to capital by locking out ordinary investors | Business Daily | The KPBJ | KITSAP PENINSULA BUSINESS JOURNAL