Sebi floats 'crowdfunding' rules; restricts investor access

Jun 17 2014, 20:59 IST
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The final norms would be issued after taking into account comments from public and other stakeholders till July 16. The final norms would be issued after taking into account comments from public and other stakeholders till July 16.
SummaryThe final norms would be issued after taking into account comments from public and other stakeholders till July 16.

is important to take note that while it is necessary to ensure that start-ups could raise funds at ease, it is equally important to ensure that no systemic risks are created wherein retail investors are lured by some unscrupulous players by substituting the existing framework, which has been developed over a period of time through experience and observation.

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