Gamasutra is part of the Informa Tech Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

Gamasutra: The Art & Business of Making Gamesspacer
View All     RSS
May 23, 2019
arrowPress Releases

If you enjoy reading this site, you might also want to check out these UBM Tech sites:

New U.S. crowdfunding rules will allow for more investment

New U.S. crowdfunding rules will allow for more investment

November 2, 2015 | By Christian Nutt

One of the things holding back equity crowdfunding -- that is, letting people invest in a project, rather than just back it -- has been governmental regulation. But that has changed thanks to new rules adopted by the Securities and Exchange Commission. Now, people who aren't accredited investors will be allowed to put their money into businesses.

These changes were proposed as part of the 2012 JOBS Act, but the guidelines are now finalized, and will come into effect 180 days after their publication in the Federal Register.

There are still significant limitations in the rules -- companies will only be able to raise $1 million per 12-month period, and only $100,000 may be sold to any single investor during that period. Investors with annual income or net worth under $100,000 will face significant limitations on their investment opportunities -- $2,000, or 5 percent of their income or net worth, whichever is greater.

Only U.S.-based companies may take advantage of the new regulations.

Still, this is a huge change. Fig, the new crowdfunding website from ex-Double Fine man Justin Bailey, accepts investment as well as traditional Kickstarter-style backing -- but was only able to do so from accredited investors so far. Prior to the platform's launch, Bailey told Gamasutra that he was looking forward to these changes.

You can find out more detail at the SEC's website; the full regulations are 685 pages, but there's a helpful breakdown of what you need to know about them at VentureBeat.

Related Jobs

Crystal Dynamics
Crystal Dynamics — Redwood City, California, United States

Combat Systems Designer
Crystal Dynamics
Crystal Dynamics — Redwood City, California, United States

FX Artist
Hyper Hippo Games
Hyper Hippo Games — Kelowna, British Columbia, Canada

Software Developer - Unity
Wizards of the Coast
Wizards of the Coast — Renton, Washington, United States

Sr Lead Software Engineer - Arena

Loading Comments

loader image