Letter to Biden Administration on Crowdfunding Limit Updates
President Biden released a regulatory freeze notice last week that may stop the new Regulation Crowdfunding (Reg CF) and Regulation A (Reg A) rules from going into effect March 15, 2021.
These are the rules that, among other adopted exempt offering framework updates, will change the cap for Reg CF from $1M to $5M and for Reg A from $50M to $75M.
View the CfPA letter to President Biden and those that supported it: CfPA letter to Biden Administration – 01/28/2021
