House Passes Crowdfunding Bill: FAQ’s for Entrepreneurs
Scott Edward Walker
NOVEMBER 9, 2011
As the term suggests, crowdfunding is funding from a crowd of people — that is, many people provide small amounts of money to finance something. The White House supports the bill, so upon reconciliation, it will be signed into law, whereupon the SEC will be required to promulgate applicable rules within 90 days.
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