Crowdfunding update

Last week, the SEC unanimously approved a proposal that would allow entrepreneurs to sell a stake in their businesses to anyone in the country. The plan, which is currently in a 90-day comment period, allows businesses to raise up to $1 million a year; individuals can invest between $2,000 and $100,000
annually.

http://crowdfundingpr.wordpress.com/category/crowdfunding-press-center/sec-regulations-crowdfunding-press-center/