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A comment on The SEC Just Voted To Lift The Ban On General Solicitation. Parent comment

Re:The SEC Just Voted To Lift The Ban On General Solicitation by clavalle on Wednesday July 10, 2013 @04:50PM (#6022695)
Is it a fact that only accredited investors can be solicited?

I remember reading when the Jobs Act was first floated that non-accredited investors could invest as well but were capped at how much they could invest in a given year based on their income.

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Re:The SEC Just Voted To Lift The Ban On General Solicitation by 7Figures2Commas on Wednesday July 10, 2013 @06:46PM (#6023294)
Yes, there is a separate portion of the Jobs Act that deals with crowdfunding and non-accredited investors.

That is an entirely different can of worms, but there too, I think there is a general overestimation of how easy it will be for the average small business or startup to raise capital.

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