Crowdfunding—Well, if you haven’t heard of it by now, this article should bring you up to speed and explain why your next crowdfunding marketing campaign will need to target “Accredited Investors.” Crowdfunding at a Glance: Still considered a relatively new industry, crowdfunding is “the practice of funding a project or venture by raising many small amounts of money from a …
SEC Repeals Ban on Securities Advertising to Accredited Investors
Recently, the Securities and Exchange Commission amended Rule 506 of Regulation D to implement Section 201(a) of the JOBS Act, meaning companies and investment firms can openly advertise the sale of securities. Prior to July repeal, even accredited investors or those with accredited investor status were not privy to open, public solicitations to buy securities. “In connection with this new …