The following analysis of Crowdfunding legislation is by
Bill Kilgallen, Counsel & Frank Marco, Partner
at Wiggin & Dana LLP's Emerging Companies Practice Group CAPITAL FORMATION FOR EMERGING GROWTH COMPANIES–RECENTLY PROPOSED LEGISLATION SEEKS TO EASE BURDENS Late last year, a number of initiatives were introduced in the Congress that have the potential to stimulate investments in emerging growth companies by both reducing restrictions on the manner in which those companies
Crowdfunding "would allow small companies to offer shares of stock directly to ordinary investors through established and vetted peer-to-peer platforms. “Crowdfunding” is just a new term for an old idea: offering small-dollar investors the chance to invest in new ideas."
Great article in Wired by Sen. Scott Brown: http://www.wired.com/epicenter/2011/11/scott-brown-next-steve-jobs/all/1 #Crowdfunding #financing #investing