SEC relaxes crowdfunding rules for small businessesSEC relaxes crowdfunding rules for small businesses
Reading Time: < 1 minute(Last Updated On: May 20, 2020)
The U.S. Securities and Exchange Commission (SEC) announced earlier this month that they’re adjusting the rules around crowdfunding in order to make it easier for small businesses to raise money through smaller investments.
The changes have made the process easier by relaxing the rules around the timing of a company’s offering as well as the financial statements required. Of course, there are eligibility criteria that a business must meet in order to take advantage of these temporary rule changes.
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