The State of Massachusetts, under the direction of Secretary of State William Galvin, spun up a crowdfunding watchdog group called I-Crowd. Yesterday the group released a brochure aimed at educating the public on what to watch for when considering investing in crowdfunding offerings.
The I-Crowd unit aims to monitor web sites and issuers active in the crowdfunding space and ensure that fraud is not taking place.
[h/t AP]