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    12.17.15 Professor Roberta Karmel on Narrative and Financial Disclosures in Crowdfunding
    photo of a professor

    In her latest New York Law Journal column on Securities Regulation, Professor Roberta Karmel examines “Crowdfunding: Narrative and Financial Disclosures.”

    The column focuses on the disclosures issuers engaging in crowdfunding are required to make, both when first accessing the capital market and then on an annual basis. “In fashioning the crowdfunding rules,” Karmel writes, “the SEC had an opportunity to construct a simplified disclosure system for small companies. The rules are comprehensive and interesting as an experiment with simplified disclosure.”

    Read the article.