The Securities and Exchange Commission (SEC) has approved the rules and regulations on crowd-funding schemes that allow Small Medium Enterprises (SMEs) to seek up to PHP 50 Million for expansion. Within a 12-month period, the crowd-funding framework limits the amount securities that can be sold by the issuer to PHP 10 Million to any investor or the general public. Qualified investors are not included in the limits above All crowd-funding transactions must be done through registered intermediaries which should comply with the requirements. Crowd-funding is a form of seeking fundings for a project or venture by raising many small amounts of money from a large number of people. Read more in our articles including "SEC approves rules and regulations on crowd-funding" and "Sony launches crowdfunding for wearable air conditioner".
The Securities and Exchange Commission (SEC) has approved the rules and regulations on crowd-funding schemes that allow Small Medium Enterprises (SMEs) to seek up to PHP 50 Million for expansion. Within a 12-month period, the crowd-funding framework limits the amount securities that can be sold by the issuer to PHP 10 Million to any investor or the general public.
Qualified investors are not included in the limits above All crowd-funding transactions must be done through registered intermediaries which should comply with the requirements. Crowd-funding is a form of seeking fundings for a project or venture by raising many small amounts of money from a large number of people.
Our coverage of crowd-funding includes: "SEC approves rules and regulations on crowd-funding"; "Sony launches crowdfunding for wearable air conditioner"; "AI-powered Qin featurephones launched under Xiaomi's crowdfunding platform". Each article provides unique insights and information.