Private capital is an important part of the US entrepreneurial ecosystem. It is really good to see a growing recognition that we need to be more creative in ways to fund start up and seed stage businesses. These proposed changes will help!
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The U.S. Securities and Exchange Commission's recent vote to expand private capital-raising options and ease related rules governing unregistered offerings could accelerate the booming growth of private capital markets, drawing divided reactions as to whether the development bodes well.
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