Italy Beats the U.S. to Equity Crowdfunding Law

Jul 12, 2013 727

By David Drake


Moving more quickly than even the United States, Italy is the first country in the world to pass and enact an equity crowdfunding law – the Decreto Crescita Bis, or the Italian "Growth Act 2.0."


The Italian parliament voted for the implementation of a crowdfunding law last December 17, 2012, and our intel at the Commissione Nazionale per le Società e la Borsa (CONSOB), the equivalent of the U.S. SEC, has confirmed the law was just signed by its five commissioners (equivalent to our five SEC commissioners). You will be able to equity crowdfund right after publication of the law in a week or so.

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Source: http://thesoholoft.com/

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