Three reasons why the new Australian regulatory framework for equity crowdfunding is the wrong approach for startups and millennials will leave it in the dust
Sometimes regulators can’t see the trees for the forest. “Equity Crowdfunding” or CSEF is the forest. It is a new area, countries worldwide are contriving regulations that are yet to be proven and have no track record of success as legislation or as a “forest”. Australia, by copying something unproven and bettering it is a high …