If you’re in the DC area, consider attending Startup Exemption’s rally outside the SEC tomorrow, November 17, from 7:30 am to 2:00 pm. The rally is in support of H.R. 2930, the Entrepreneurial Access to Capital Act. H.R. 2930 would ease SEC restrictions on crowdfunding for startups and other small businesses. The House of Representatives passed the legislation with near unanimous consent, and it is scheduled for consideration in the Senate.
H.R. 2930 would be a boon for Americans by making funding for startups more accessible. It would also be a low cost measure for job creation. Along with the VET Act of 2011 that Marvin discussed previously, these measures would do much to give our economy a desperately needed boost.
To learn more about Startup Exemption, visit their website here.
And for more on the merits of H.R. 2930 and similar legislation check out a great op-ed in the WSJ by the Competitive Enterprise Institute’s John Berlau.