Rep. Jared Polis Presentation on H.R. 2930 and 2940

According to Rep. Jared Polis (D-Colorado) the current SEC law gives the average consumer NO access to private capital investment opportunities as compared to the wealthy in our country. Rep. Jared Polis explains the importance of opening up avenues for small investors to become involved in funding small businesses.

Issues such as "CrowdFunding" are currently considered a grey area when it comes to legitimately raising startup capital for businesses. Under these new laws "CrowdFunding" could become the newest wave in raising private capital. However, you securities attorneys can remain calm. Issuers would still need to provide disclosures through the use of a prospectus. These new laws would simply allow issuers to post a prospectus (or memo) openly on their website without password protection.