In early June, the U.S. House of Representatives, Financial Services Committee, approved the “Fix Crowdfunding Act” bill (or HR 4855). Maybe it’s the title of the bill that is misleading, but since then I have seen multiple articles which incorrectly describe what this bill, if fully passed, would do. As a result I felt it necessary to do a detailed review of the bill itself to point out what in fact it actually does and doesn’t do.
Anthony J. Zeoli
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