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Crowdfunding Bill Stuck in the Senate

Scott Edward Walker

JANUARY 13, 2012

Because of effective lobbying by the NASAA and two hearings designed to highlight the potential of fraud. The Brown bill was referred to the Committee on Banking, Housing, and Urban Affairs, and a hearing was held by such Committee on December 1, 2011, with respect to several pieces of capital formation legislation , including crowdfunding.

SEC 91
SEC Las Vegas Accredited Investor Security 91
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Is crowdfunding legal?

Startup Company Lawyer

MAY 26, 2012

As a result, current crowdfunding platforms have generally developed business models designed to avoid characterization as a sale of a security. Compensation of intermediaries will be subject to rules designed to ensure that recipients disclose receipt of compensation. Some companies utilize pure donation models.

SEC 58
SEC Securities and Exchange Commission Accredited Investor Private Placement 58
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