SEC: SBCFAC Expected to Recommend Threshold for Reviewed Financials Under Reg CF Should Rise to $350,000

After discussing the activity of the Regulation Crowdfunding (Reg CF) market, the Securities and Exchange Commission (SEC), Small Business Capital Formation Advisory Committee (SBCFAC), has decided to recommend raising the threshold for reviewed financials from $124,000 to $350,000. Currently, reviewed financials cost around $5000 to... Read More