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Browse: Home / 2011 / April / 13 / SEC Is Reviewing Small Internet Sales of Stock

SEC Is Reviewing Small Internet Sales of Stock

By Securities Docket on April 13, 2011, 2:04 pm

The use of “crowd-funding” techniques has spread in recent years from artists looking to fund creative works to entrepreneurs trying to expand their firms. In a typical example, a company looking to raise $100,000 would use an Internet site to invite investors to buy as much as $100 of shares each….

The SEC is now considering calls to relax its rules to make it easier for companies to use crowd-funding without having to undergo the full panoply of disclosure and other legal requirements required by the securities laws for share issues.

Read more: SEC Is Reviewing Small Internet Sales of Stock — WSJ.com

Posted in SEC | Tagged Social Media

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