SEC: If you want to easily crowdfund investment in your business, knock yourself out, all the way to $5m

Rules loosened by regulator, concerns raised they favor the rich

The US Securities and Exchange Commission (SEC) has given a big boost to companies seeking crowdfunded investment - think Kickstarter but securities rather than physical stuff you buy. Organizations are now exempt from various regulatory requirements if they raise at most $5m, up from the previous cap of $1m....