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Shouldn't they impose a limit in the amount of capital that can be crowdfunded? This sounds like it can lead to wild abuses, at least until people learn from th
by return0 10y ago
Shouldn't they impose a limit in the amount of capital that can be crowdfunded? This sounds like it can lead to wild abuses, at least until people learn from their mistakes.
- pdabbadabba 10y agoThere are limits. Under the SEC's new rules it appears that you can only raise $1 million per year and $100,000 per investor per year through crowdfunding. Here's a better write-up of the regulations: https://www.sec.gov/news/pressrelease/2015-249.html https://www.sec.gov/news/pressrelease/2015-249.html