AUSTIN TX—The Texas State Securities Board (TSSB) has set October 22, 2014, as the date to consider the proposed crowdfunding rules which are being considered to enable unaccredited investors to invest as much as $5,000 a year in startups without proof of high income levels. The move is designed to loosen up reporting requirements for startups.
TSSB has been considering crowdfunding for over a year. If passed the rules should make it easier for startups to raise capital.Rex Securities Law , with offices in Boca Raton, FL, and Austin, TX, provides representation to investors nationwide who are seeking recovery of investment losses due to the negligence or fraud of stockbrokers and broker dealers. If you have questions about how your account has been handled, call to speak with an experienced securities attorney.
Most cases handled on a contingent fee basis meaning that you do not pay legal fees unless we are successful.
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