Reuters Commentary: Crowdfunding & SAFEs
My commentary piece on the SEC's statements about SAFEs and crowdfunding is live on Reuters. Here's the lede:
The U.S. Securities and Exchange Commission, released an investor bulletin earlier this month cautioning retail investors about the risks of purchasing a particular type of security known as a Simple Agreement for Future Equity, or SAFE, in investment crowdfunding offerings. The commission acted following concerns raised by two of its commissioners and its Office of Investor Advocacy. It was right to do so.
Read the rest over at Reuters!