There have been a couple of infographics produced explaining the regulatory situation in Canada following “crowdfunding” day when all of the provincial securities regulators banded together to make a joint announcement on their proposed approach towards investment crowdfunding. On March 20, 2014, 7 of the provinces published statements on crowdfunding with a commenting period ending this coming June. Unlike the States where there are Federal exemptions managed by the Securities and Exchange Commission , there is no national entity to provide guidance and rules so each individual province must have a go at it.
The creative team at Fundrazr has put together an awesome infographic to help all of us – including the Crowdfund Insider team – capture a better understanding of what is happening up North.
