Published on March 24, 2015 | by LawNews
Prof. Scott Colesanti Submits Comment on Massachusetts Crowdfunding Proposal
On March 23, 2015, Professor J. Scott Colesanti submitted a comment on the Massachusetts crowdfunding proposal.
The pending proposal, one of about a dozen such state initiatives, would modify federal securities regulations governing small-business financing to meet the exponential growth of “crowdfunding.”
Such measures have been prompted by the success of groups such as Kickstarter, which boasts of contributions of approximately $1.5 billion since 2009.