A timely update from K&L Gates on reducing the red tape on crowd funding. With Financial Services innovations including crowd funding & P2P lending, it is important to remember the importance of risk management and investor protection for aspiring investors. Raising $5million in a year under the CSEF seems like a high threshold, but companies which raise over $1million will still be required to provide audited accounts for investors.

Should the proposals be enacted this will be good news for the exciting FinTech sector as well as entrepreneurs in other sectors.