Regulation CF
From Wikipedia, the free encyclopedia
Regulation CF, also known as Regulation Crowdfunding or Reg CF, is a section of the United States Code of Federal Regulations, in particular 17 CFR § 227 (2021) dealing with equity crowdfunding.[1] This section of the law originated with Title III of the 2012 JOBS Act which went into effect on May 16, 2016.[2] It was amended in November 2020, and those amendments effectively became law in 2021.[3]
Several U.S. platforms, called funding portals, currently facilitate Reg CF investments, including Honeycomb Credit, SeedInvest and Wefunder.
Regulation CF has become a fundraising option for startups and small businesses seeking capital from both accredited and non-accredited investors through SEC-registered funding portals. The framework is often used by companies that wish to combine fundraising with community engagement by allowing customers and supporters to become investors.[4]
