SEC leadership change could further delay crowdfunding

News of a leadership change at the Securities and Exchange Commission has some experts concerned that entrepreneurs may have to wait even longer for highly anticipated yet already delayed crowdfunding rules.

SEC chairman Mary L. Schapiro announced Monday that she will step down next month, and President Obama plans to elevate Elisse Walter, one of the agency’s Democratic commissioners, to fill the position. Walter can serve through December 2013, by which timethe president must nominate a permanent successor, who must then be approved by the Senate.

Read More at the Washington Post

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