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Wefunder Blog

Congress asked us to write a Letter of Support for the Fix Crowdfunding Act

on Jun 8 2016
Founder & CEO @ Wefunder

The Financial Services Committee in the House of Representatives is marking up the Fix Crowdfunding Act. If all goes well, it will be voted on in Committee on June 15th. This bill is vital to protect investors who participate in equity crowdfunding.

We are honored that we’ve been asked to write a letter in support, and hope the legislators find our on-the-ground experience useful.

Over the past six months, we’ve spent many hours speaking with the offices of Representatives Patrick McHenry and Maxine Waters. We are impressed with how deeply they have dived into the issue, and are hopeful they will come to a bipartisan compromise over the next week.

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