New York Times (September 26)
A proposal to modify securities listing regulations appears to have gained bipartisan support in the U.S. The proposal would allow small investors to support companies through “crowdfunding, a financing model that relies on collecting small sums of money from many people over the Internet.” Since the 1930s companies have either had to limit fund-raising to wealthy investors or follow the intricate registration process which typically proved “too costly given the small sums being sought.”
A proposal to modify securities listing regulations appears to have gained bipartisan support in the U.S. The proposal would allow small investors to support companies through “crowdfunding, a financing model that relies on collecting small sums of money from many people over the Internet.” Since the 1930s companies have either had to limit fund-raising to wealthy investors or follow the intricate registration process which typically proved “too costly given the small sums being sought.”
Tags: Crowdfunding, Investors, Listings, Registration, U.S.
