Legalizing Crowdfunding To Invest In Startup Companies

“The Crowdfund Act, which passed the Senate last week as an amendment to the larger Jumpstart Our Business Startups Act, would let anyone invest up to 5 per cent of their annual income, or $2000, in a project or firm that is listed on a crowdfunding website. People earning more than $100,000 a year would be allowed to invest 10 per cent of their income.”