VW Blog

Texas State Securities Board Approves New Crowdfunding Rules

By Kevin Vela

As I wrote last week, crowdfunding in Texas is literally, right around the corner.

By a 4-0 vote yesterday, the Texas State Securities Board approved rules to regulate equity crowdfunding in Texas.

The rules will go into effect in late November and will allow Texas investors to invest up to $5,000 into Texas companies through approved portals.

We’ll have a full briefing on the rules as soon as they are published.

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Posted in Crowdfunding
Kevin Vela
Kevin Vela is the managing partner at Vela Wood. He focuses his practice in the areas of M&A, venture financing, fund representation, and gaming law. You can see Kevin's attorney profile here.