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TIP541: How Equity Crowdfunding is Changing the Game w/ Daniel Gallancy
We Study Billionaires - The Investor’s Podcast Network
The Rules Around Capital Formation and General Solicitations
In the U.S., general solicitations in most developed market countries are prohibited under securities regulations. If you want to solicit capital for capital formation and you're a private individual, you have to go to what are known as accredited investors. The Securities Act of 33, the Exchange Act of 34, and the Investment Advisor Act of 40 were passed after the 1929 Wall Street crash.
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