This new bill practically flew through the House with 74% in favor.  The idea is that crowdsourcing can now be coupled with an equity stake instead of just giving the entrepreneur money.  Now for investments of less than 10,000 up to 10% equity can be exchanged without going through the SEC.  Just remember “Caveat Emptor”.  It looks highly likely that this bill will pass.  The president has issued a statement in favor of this bill.  For a more complete story click here

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