The Securities and Exchange Commission (SEC) is asking for comments on some rules regarding crowdfunding. These rules, under Regulation Crowdfunding, detail what intermediaries must do when helping startups or small businesses raise money online. They include requirements about registration, dealing with investors, and keeping track of funds. The SEC wants feedback on whether these rules are helpful, the estimated costs, and how they can be improved, with all comments needed by May 27, 2025.
Simple Explanation
The SEC wants to hear what people think about the rules for online money-raising helpers. They want to know if the rules are good, how much they really cost, and if they're fair for everyone.