U.S. SEC to release long-awaited 'crowdfunding' rule

By Sarah N. Lynch WASHINGTON (Reuters) - Entrepreneurs and start-up companies looking for backing will be able to solicit small investments over the Internet from the general public under a new proposal to be released by U.S. regulators on Wednesday. The Securities and Exchange Commission's "crowdfunding" plan is a requirement in the Jumpstart Our Business Startups (JOBS) Act, a 2012 law enacted with wide bipartisan support that relaxes federal regulations to help spur small business growth. ...



via Tech News Headlines - Yahoo! News http://news.yahoo.com/u-sec-release-long-awaited-crowdfunding-rule-050330210--sector.html