Article: Senate Passes JOBS Act, Clears Way for Crowdfunding


Senate Passes JOBS Act, Clears Way for Crowdfunding
http://www.entrepreneur.com/article/223207

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"... In a nod to those concerns, the Senate's version of the JOBS Act includes a bipartisan amendment requiring companies who crowdfund to disclose basic financial information to potential investors. Without the amendment, entrepreneurs would have been able to raise up to $1 million without providing any financial disclosures. ..."