SEC Approves Crowdfunding Proposal in Unamous Vote

Oct. 23 (Bloomberg) -- The U.S. Securities and Exchange Commission meets to consider a proposal to allow businesses to sell ownership stakes in their companies by soliciting investors over the Internet. The SEC plan, approved unanimously at the conclusion of the meeting, would create rules for equity crowdfunding, which lawmakers intended to ease financing for startups and small companies when they authorized it in the 2012 Jumpstart Our Business Startups Act. (Source: Bloomberg)
Equity Valuations Lofty, Earnings Lousy: Morganlander
20:25 - Stifel Nicolaus' Chad Morganlander and Bloomberg's Michael Regan discuss the global selloff in stocks with Bloomberg's Pimm Fox on "Taking Stock." (Source: Bloomberg)
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