October 10, 2013

Wisconsin Assembly passes equity crowdfunding bill

The Wisconsin Assembly on Tuesday passed a bill to allow investing in companies through online crowdfunding campaigns.

The Business Journal reported in August that state legislators planned to introduce the bill, joining states like Georgia and Kansas that have already passed such laws. A federal law passed last year would allow for crowdfunding campaigns to raise up to $1 million from non-accredited investors, who will receive company stock in return, but the rules for implementing this changeâ;€¦;

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