Regulation CF, also known as Regulation Crowdfunding or Reg CF is a section of the United States

Code of Federal Regulations In the law of the United States, the ''Code of Federal Regulations'' (''CFR'') is the codification of the general and permanent regulatory law, regulations promulgated by the executive departments and agencies of the federal government of the ...

, in particular 17 CFR § 227 (2021) dealing with

equity crowdfunding Equity crowdfunding is the online offering of private company securities to a group of people for investment and therefore it is a part of the capital markets. Because equity crowdfunding involves investment into a commercial enterprise, it ...

. This section of the law originated with Title III of the 2012

JOBS Act The Jumpstart Our Business Startups Act, or JOBS Act, is a law intended to encourage funding of small businesses in the United States by easing many of the country's securities regulations. It passed with bipartisan support, and was signed int ...

which went into effect on May 16, 2016. It was amended in November 2020, and those amendments effectively became law in 2021. Several U.S. platforms, called ''funding portals'', currently facilitate Reg CF investments, including Honeycomb Credit, SeedInvest and

Wefunder Wefunder is an online service that allows individual investors to crowdfund startup companies. Wefunder uses a provision in the 2012 JOBS Act that allows unaccredited investors to purchase equity in early stage private companies. Foundation ...

References

Crowdfunding Code of Federal Regulations {{US-law-stub

See also

References