- sell unregistered securities up to a total of $2M; and
- would let investors individually invest up to a total of $10K (or 10% of their income) using crowdfunding
The crowdfunding bill will make its way to the U.S. Senate for vote. If the overwhelming support in the House and President Obama’s endorsement of both bills are any prediction, it seems like SEC reform that could support social entrepreneurs may become law in the near future.
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