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Re:FTC goes after board game campaign gone wrong in first cr... by AndrewDMcG on Thursday June 11, 2015 @11:34AM (#9700307)
The regulations protecting investors are far stronger than those protecting consumers. Crowdfunding could not exist if the customers were legally considered investors.
Re:FTC goes after board game campaign gone wrong in first cr... by cwyers on Thursday June 11, 2015 @11:53AM (#9700424)
Yes. There's reasons Kickstarter goes to great pains to make it clear backers are not investors. SEC regulations and compliance requirements are much more burdensome.