EU To Examine Potential Crowd Funding Rules

Law360, New York (October 3, 2013, 6:38 PM EDT) -- The European Commission on Thursday said it was considering whether it should set up a new regulatory regime for crowd funding, an Internet-based form of alternative financing for startup businesses.

As part of a public consultation, the EC seeks input from businesses and the public to determine whether a single regulatory regime for crowd funding was necessary and what that regime would entail.

“[Crowd funding] has the potential to bridge the financing gap many start-ups face and to stimulate entrepreneurship,” European Commissioner for Internal Market and...
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