SEC Proposes New Changes To Make Fundraising Easier

[hellenjones260]

 

The Securities and Exchange Commission(SEC) of the USA proposed certain amendments to its existing framework for fundraising to make it easier for entrepreneurs and investors to raise capital while ensuring investor security. If these amendments are considered and put into practice it would make it possible for companies to raise more capital through exemptions.

The new amendments would also benefit crypto startups as the SEC has raised the limit of capital that can be raised by these startups without registering with the SEC or apply for exemptions. The SEC in its announcement noted that the proposed changes to fundraising framework have been made after taking in inputs from the "response to the Commission’s June 2019 concept release on the harmonization of securities offering exemptions".

Sources>>https://www.cryptoknowmics.com/news/sec-proposes-new-changes-to-make-fundraising-easier