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New committee will review fundraising rules for private firms
May 12, 2011
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In an effort to make it easier for small private firms to access capital, the U.S. Securities and Exchange Commission (SEC) is forming a small-business committee to review fundraising rules. This decision is in response to new capital-raising strategies, as more fast-growing private firms seek secondary markets or raise capital nontraditionally through “crowdfunding” sites like Profounder or Kickstarter.
Read more about the committee here.
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Author Information:
Lindsay Tigar is the Editorial Assistant at The New York Enterprise Report. She can be reached at ltigar@nyreport.com.
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