What are the legal requirements for crowdfunding?
An example of an AI chatbot conversation about crowdfunding legal requirements.
What are the legal requirements for crowdfunding in the US?
In the US, crowdfunding is regulated by the SEC. You need to comply with the JOBS Act, which includes registration and disclosure requirements.
Do I need to register my crowdfunding campaign?
Yes, depending on the amount you intend to raise, you may need to register your campaign with the SEC or state regulators.
What are the limits on how much I can raise?
Under the JOBS Act, you can raise up to $1.07 million in a 12-month period through crowdfunding, but this may vary based on your specific situation.
Are there any fees associated with crowdfunding?
Yes, there are typically platform fees, payment processing fees, and possibly legal fees for compliance.
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