SEC floats proposed crowdfunding rules

BOULDER – Proposed federal rules that will allow small businesses to raise up to $1 million per year through crowdfunding have been released by the U.S. Securities and Exchange Commission.

Anyone would be allowed to invest in startup companies without having to register with the Securities and Exchange Commission first, under the proposed rules released Wednesday, Oct. 23. The federal regulatory agency plans to hold a 90-day public comment period before considering approval of the proposed rules.

The Boulder Valley has been at the forefront of the crowdfunding scene, hosting industry conferences on the topic in the last year.…