Regulation Crowdfunding

E53089

Regulation Crowdfunding is a U.S. securities exemption that allows small businesses and startups to raise limited amounts of capital from a large number of investors, including non-accredited investors, through registered online funding portals or broker-dealers.

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AI-generated illustration of Regulation Crowdfunding

This AI-generated illustration was produced by black-forest-labs/FLUX.2-dev (1024x1024) from a prompt written by openai/gpt-oss-120b from the entity's label + description.

Prompt

Generate an image of Regulation Crowdfunding (Regulation Crowdfunding is a U.S. securities exemption that allows small businesses and startups to raise limited amounts of capital from a large number of investors, including non-accredited investors, through registered online funding portals or broker-dealers.)

All labels observed (3)

How this entity was disambiguated

Statements (49)

Predicate Object
instanceOf U.S. securities exemption ⓘ
crowdfunding exemption ⓘ
administeredBy Financial Industry Regulatory Authority ⓘ
U.S. Securities and Exchange Commission ⓘ
allows issuers to communicate with investors through the intermediary’s platform ⓘ
issuers to raise capital from a large number of investors ⓘ
participation by non-accredited investors ⓘ
codifiedIn Regulation Crowdfunding (Reg CF) ⓘ
effectiveDate 2016-05-16 ⓘ
enables equity crowdfunding in the United States ⓘ
enactedUnder Jumpstart Our Business Startups Act ⓘ
Title III of the JOBS Act ⓘ
excludes blank check companies ⓘ
investment companies ⓘ
non-U.S. issuers ⓘ
reporting companies under the Exchange Act ⓘ
implementedBy SEC final rules on Regulation Crowdfunding ⓘ
imposes annual offering limits on issuers ⓘ
investment limits on individual investors ⓘ
issuer eligibility requirements ⓘ
intermediaryTypes registered broker-dealer ⓘ
registered funding portal ⓘ
investorProtectionMeasures intermediary obligations to reduce fraud risk ⓘ
investment caps based on income and net worth ⓘ
mandatory disclosures ⓘ
jurisdiction United States ⓘ
language English ⓘ
legalBasis Section 4(a)(6) of the Securities Act of 1933 ⓘ
offeringLimitPer12Months 5000000 USD ⓘ
offeringLimitPer12MonthsEffectiveDate 2021-03-15 ⓘ
previousOfferingLimitChangeDate 2017-01-01 ⓘ
previousOfferingLimitPer12Months 1070000 USD ⓘ
purpose to allow non-accredited investors to invest in private companies ⓘ
to facilitate capital raising by small businesses and startups ⓘ
regulates online securities crowdfunding offerings ⓘ
regulatorRuleCitation 17 CFR § 227 (Regulation Crowdfunding) ⓘ
relatedTo Regulation A ⓘ
Regulation A+ ⓘ
linked to: Regulation A

Regulation D ⓘ
Title II of the JOBS Act ⓘ
Title IV of the JOBS Act ⓘ
requires disclosure of information about the issuer and the offering ⓘ
filing of Form C with the SEC ⓘ
ongoing annual reporting for certain issuers ⓘ
use of a registered funding portal or broker-dealer ⓘ
use of an intermediary that provides an online platform ⓘ
restricts advertising of the terms of the offering ⓘ
sector small business capital formation ⓘ
startup financing ⓘ

How these facts were elicited

Referenced by (5)

Full triples — surface form annotated when it differs from this entity's canonical label.

Regulation A → contrastWith → Regulation Crowdfunding ⓘ
Regulation Crowdfunding → codifiedIn → Regulation Crowdfunding (Reg CF) ⓘ
linked to: Regulation Crowdfunding
Regulation Crowdfunding → regulatorRuleCitation → 17 CFR § 227 (Regulation Crowdfunding) ⓘ
linked to: Regulation Crowdfunding
JOBS Act of 2012 → regulationImplementedUnder → Regulation Crowdfunding ⓘ