April 23, 2012
I think the SEC should consider making rules that allow it to be easier for both entreprenuers and CrowdFunding portals to get started with the least amount of red tap. One thing to consider when making rules is to see what the UK is doing to protect their investors while still allowing for flourishing online CrowdFunding portals to exist there like CrowdCube.com The laws in the UK seem to be transparent enough to allow such a portal to successfully act as an online intermediary so there could be some things to learn since Crowdfunding has been legal there for some time now.