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Finance

Crowdfunding: Don't Call It an IPO


Small businesses trying to raise money face a tangle of securities laws that make it tough to sell shares. Legislation backed by the President and approved by the House would allow for “crowdfunding,” or raising small amounts from many investors, without registering for a costly public offering.

John_tozzi
Tozzi is a reporter for Bloomberg Businessweek in New York.

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