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114-HR4855 Fix Crowdfunding Act (view source)
Revision as of 15:47, 12 April 2017
, 15:47, 12 April 2017no edit summary
|Has keywords=McCarthy
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====Sec. 2====
This bill amends the Securities Act of 1933 to allow a crowdfunding issuer to sell shares through a crowdfunding vehicle.
*meets specified requirements related to disclosure obligations and the use of investment advisers.
====Sec. 3====
The bill amends the Securities Exchange Act of 1934 to revise the conditions upon which the Securities and Exchange Commission (SEC) shall exempt securities issued in crowdfunding transactions from SEC registration requirements.
