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Senate Passes Crowdfunding Bill

Senate Passes Crowdfunding Bill – Liz Gannes – News – AllThingsD.

The U.S. Senate today approved 73-26 an amended version of legislation that will legalize “crowdfunding,” or equity investments in start-ups by the general public. The CROWDFUND Act adds requirements to the House of Representative’s JOBS Act that companies use SEC-approved crowdfunding platforms that provide investor protections.


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