ProfessorVC: Crowdfunding - Good Idea or Really, Really Stupid.
Professor VC
NOVEMBER 14, 2011
These investments would be exempt from registration under the 1933 SEC Act. There is a reason the SEC exists. I cant remember if the SEC was one of the government agencies that Rick Perry wants to get rid of (but neither can he ), but it seems like this is the exact type of investor that the SEC was set up to protect.
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