Crowdfunding Reform: Higher Investment Limits and Reduced Red Tape.
This law simplifies capital raising for small businesses via crowdfunding platforms. The most significant change for citizens is a substantial increase in the investment limit for non-accredited investors, now capped at 10% of their annual income or net worth. Additionally, the act removes state registration requirements for the secondary sale of these securities, making it easier for investors to sell their shares later.
Key points
Increased investment limit for regular citizens (non-accredited investors) to 10% of their annual income or net worth, increasing potential returns and risk exposure.
Easier resale of crowdfunding shares by overriding state registration requirements for secondary transactions.
Reduced regulatory and reporting burdens for crowdfunding platforms (funding portals), potentially encouraging market growth.
Status:
Expired
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