Crowdfunding w/Unaccredited Investors: The SEC (at long last) Issues its Proposal
+ A **Summary** at **The Verge**: [**SEC Proposes Rules to Allow Anyone to Invest in Startups**](http://www.theverge.com/2013/10/23/4947382/sec-proposes-rules-to-allow-anyone-to-invest-in-startups)
+ **The SEC’s press release and fact sheet**: [**SEC.gov webpage**](http://www.sec.gov/News/PressRelease/Detail/PressRelease/1370540017677)
+ **The Proposed Rules**: [(**pdf**](http://www.sec.gov/rules/proposed/2013/33-9470.pdf) – 585 pages – so much for simplicity)
+ **More:**
>[Trepidation and Restrictions Leave Crowdfunding Rules Weak](http://dealbook.nytimes.com/2013/10/29/trepidation-and-restrictions-leave-crowdfunding-rules-weak/?partner=rss&emc=rss) **(New York Times)**: “Crowdfunding is becoming a reality, but the question is whether it will thrive or become largely a vehicle for fraud.”
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>[BackTrack Reports’ Randy Shain: JOBS ACT For Small Businesses Could Lead To Big Fraud](http://venturebeat.com/2013/10/29/backtrack-reports-randy-shain-jobs-act-for-small-businesses-could-lead-to-big-fraud/)