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On October 26, the Securities and Exchange Commission (SEC) took steps to “update and modernize how companies can raise money from investors through intrastate and small offerings.” These changes have immediate implications for the NC PACES Act, signed into law in July, which allows local businesses in North Carolina to seek small investments from private parties using crowdfunding.
"Crowdfunding News: SEC fixes significant potholes for intrastate offerings," explains how the SEC's changes should make it easier for more companies to use NC PACES to raise capital for their business.