With delays at the federal level to implement legal equity crowdfunding, many state regulators have been researching ways to provide liquidity to small businesses within their state.
Georgia and North Carolina have begun to initiate crowdfunding in their states and many other state regulators from across the country are looking to provide similar legislation.
In an effort to provide resources and assistance, CfIRA—the crowdfunding industry’s leading advocacy group—has created resources for state regulators. Active with federal agencies such as the Securities and Exchange Commission and the Financial Industry Regulatory Authority, CfIRA has the expertise and resources available to assist state regulators bring crowdfunding to their state.