New regulations for Crowdfunding in the US, what will it change?

— Investment tips — less than a minute read

The House of Representative passed a bill that will allow startups to raise capital through "Crowdfunding". The bill provides a Crowdfunding exemption from SEC registration with the following conditions:

  1. A limit of 10.000 USD invested per investor or a maximum of 10% of his annual income.
  2. There is a maximum fundraising of 1.000.000 USD per offering. It can be up to 2.000.000 if audited financial statements are provided.
  3. There is no limit on the number of investors.

This is a huge step passed by the US administration, we hope Europe will follow-up!