The Regulatory Week in Review: November 6, 2015
IN THE NEWS
- The U.S. Securities and Exchange Commission (SEC) released its final rule on crowdfunding—a largely online-based process of funding projects through numerous donors—that authorizes companies to use crowdfunding to issue securities, and broadens the group of eligible investors for these types of transactions.
- Houston voters repealed a controversial ordinance that would have banned discrimination based on sexual orientation and gender identity, among other protected characteristics—a move that the repeal’s supporters argued would “end this constant political-correctness attack on what we know in our heart and our gut as Americans is not right,” while critics such as Houston’s first openly lesbian mayor, Annise Parker, warned would “stain[ ] Houston’s reputation as a tolerant, welcoming global city.”
WHAT WE’RE READING THIS WEEK