New federal crowdfunding rules give companies another tool to get cash
from Chicago Tribune
It's easier for startups to bring amateur investors into the fold under new federal rules that take effect — but does it make sense for Illinois companies? Companies can now raise up to $1 million across state lines without prior approval from the Securities and Exchange Commission. That gives nonaccredited investors another way to get a piece of the high-risk, high-return startup investments traditionally limited to professionals.
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