New Rules Allow Small Businesses and Start-Ups to Raise Capital Online and Through Social Media from Small Investors
Oct 30, 2015Colorado U.S. Senator Michael Bennet today welcomed the long-awaited announcement from the Securities and Exchange Commission (SEC) that it has approved final rules for crowdfunding. Crowdfunding will provide a new avenue for Colorado small businesses and start-ups to acquire capital while ensuring strong protections for individuals who make small investments in these businesses. Bennet was a lead sponsor of the CROWDFUND Act, which was signed into law in 2012, that initiated the SEC's rulemaking process.