Among other things, it advanced the cause for
crowdfunding for investment purposes, and that's why it's been generating so much excitement.
Not exact matches
The proposed rules allow individuals to self — certify their income and net worth and the amount of their other
crowdfunding investments for purposes of the individual investor limits.
Crowdfunding effectively utilizes technology to aggregate many small
investments, which it invests through a special
purpose vehicle, and
for which it typically takes 20 - 30 % carried interest.