The U.S. Securities and Exchange Commission (SEC) was originally opposed to crowdfunding and actively encouraging legislators to reject proposed regulations. However, in recent months, all indications are that a U-turn has taken place—crowdfunding is being strongly supported by the SEC.
A recent announcement adds to a summer of deregulation that we will review in this article. But first, some background.
There are many different institutions governing the ways in which real estate syndicates operate, and the Securities and Exchanges Commission is among the most important. Even real estate companies not active on any public exchange (NYSE, NASDAQ, etc.) are still affected by the various rules and regulations the SEC puts forth on a regular basis.
