As of today, Texas has approved Crowdfunding!
The State Securities Board Unanimously Voted To Approve the Equity Crowdfunding Rules for Small Business.
I was just at the meeting where the Board made it official - crowdfunding in Texas will be live for ALL TEXANS in 2014!
The number of people who can now invest in private companies includes the 20 million adult residents in Texas.
The Texas Securities Board this morning approved rules that govern intrastate crowdfunding and eliminate wealth and income requirements that Texans must meet to participate in most private placements of business and real estate investments.
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