Plain English guidance for Crowdfunding

Sullivan & Worcester
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In mid-February, the SEC posted an investor bulletin designed to educate investors about the ins and outs of its crowdfunding rules that go into effect in mid-May.  The bulletin presents examples illustrating the investment limits based on income and net worth under the new rules.  The bulletin also contains guidance on how to make a crowdfunding investment and how to get information about companies seeking crowdfunding, and highlights some of the key risks involved with a crowdfunding investment, all in a fairly “plain English” format.

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations. Attorney Advertising.

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