Effective May 5,2015 Canadian Securities Regulators have added another burden on companies raising capital from Accredited (i.e. Angel) Investors. Instead of just relying on the honesty of the investor, companies must “take steps” to ensure that the investor is not lying.
Posts Tagged ‘accredited investor’
Securities regulations severely limit access to capital for start-up ventures. The average citizen is precluded from investing because of these regulations. The government’s goal of protecting investors is achieved by preventing them from investing! What can be done to give companies better access to capital and better protect investors?