Place Your Bet…

So, the argument goes, since gambling is legal, why shouldn’t the investing public be able to crowdfund? Crowdfunding, according to this theory, is less risky than roulette since the funding portals will ensure quality offerings, risks in this arena are well-known, access to management will be easy and their backgrounds will be an open book, and finally, each investor will know her own risk tolerance and should be able to freely choose where to put her investment dollar. The argument ends by saying “The casino is open 24 hours.” So, will crowdfunding be a crap shoot or not?

About JeffKoeppel

I am a corporate/securities attorney in the Washington, DC area. Prior to joining the firm, I was a Senior Attorney Advisor in the Division of Corporation Finance at the U.S. Securities and Exchange Commission. I am a member of the Bars of the States of Maryland, New York and the District of Columbia. You can also follow this blog on LinkedIn at:
This entry was posted in Congress, Crowd Fund Act, Crowd Fund Act of 2012, Crowd Funding At the Margins, Crowd Funding Platforms, FINRA, Funding Portals, Investments, SEC, Small Business, Wall Street and tagged , , , , , , , , , , , , , , , , , , , , , . Bookmark the permalink.

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