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The Boston Globe


Crowdfunding rules offered by SEC for public comment

WASHINGTON — Start-ups and small businesses could soon sell ownership stakes in their companies by soliciting investors over the Internet under a proposal advanced by the Securities and Exchange Commission to implement a 2012 crowdfunding law.

The plan would set rules for equity crowdfunding, which lawmakers said would spur economic growth by easing financing for start-ups and small companies when they mandated it in the Jumpstart Our Business Startups Act.

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