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Crowdfunding Bill Stuck in the Senate

Scott Edward Walker

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
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Is the House Crowdfunding Bill Being Killed in the Senate?

Scott Edward Walker

How Does the House Bill Address These Issues?

SEC 65
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Is crowdfunding legal?

Startup Company Lawyer

Under the crowdfunding provisions, the aggregate dollar amount of securities that an issuer can sell in a crowdfunding transaction is limited to $1 million (less the aggregate amount of securities sold under other exemptions) over a 12-month period.

SEC 58