MAS takes first steps towards crowdfunding regulations
Proposals seek to lighten regulatory burden for crowdfunding firms
The Monetary Authority of Singapore (MAS) today joined the handful of jurisdictions that have moved to regulate crowdfunding, publishing a consultation paper on new rules for small firms looking to raise funds through securities issuance.
The proposals seek to steer a course between protecting investors and allowing a valuable source of finance for small businesses to develop.
Crowdfunding, the practice of obtaining investment finance via a large number of small contributions, falls into two
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