Dean Murrison, Director of the Financial and Consumer Affairs Authority, the Saskatchewan securities regulator, is quoted in a news article on why Saskatchewan is seriously considering equity crowdfunding, where he is quoted as saying,
“There’s lots of other work being done on crowdfunding among the Canadian Securities Administrators and we’re participating in that … But we felt that we should move ahead on a startup, small-business kind of exemption,” Murrison said, which would allow business ideas to get startup capital without getting bogged down in red tape.‘
For the full article in the Leader Post on July 10, 2013 press here.
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