SEC Releases Temporary Amendments to Crowdfunding Rules for Small Businesses

The SEC has issued a temporary final rule, Temporary Amendments to Regulation Crowdfunding, that provides “tailored, conditional relief to established smaller companies [affected directly or indirectly by COVID-19] from certain requirements of Regulation Crowdfunding relating to the timing of the offering and the availability of financial statements required to be included in issuers’ offering materials while retaining appropriate investor protections.”

For more information, see the press release on the SEC’s Web site.