By LAURA LOREK Reporter with Silicon Hills News Texas companies will soon be able to raise money from the average investor. The Texas State Securities Board voted 4-0 on Wednesday to approve new intrastate equity-based crowdfunding rules. The rules are expected to go into effect in late November, said Bob Elder, the board’s spokesman. “The […]
SEC Releases Rules for Equity-based Crowdfunding
October 23, 2013 by 2 Comments
Early next year, startups may be able to raise money from the general public to finance their ventures. The Securities and Exchange Commission on Wednesday released its long-awaited proposed rules governing the practice of equity-based crowdfunding that allows startups to sell securities directly to the public. Legislation from the JOBS Act, signed into law by […]
