The following are some of the academic reports written about the current SEC rules and why they prohibit access to capital for small businesses & entrepreneurs:
Proceed at Your Peril: Crowdfunding and the Securities Act of 1933, Tennessee Law Review. Joan MacLeod Heminway & Shelden Ryan Hoffman, August, 2011
Crowdfunding Microstartups: It’s Time for the Securities and Exchange Commission to Approve a Small Offering Exemption, University of Pennsylvania Journal of Business Law.  Nikki D. Pope, August, 2011
Petition for Rulemaking: Exempt Securities Offerings up to $100,000 with $100 Maximum per Investor from Registration. Sustainable Economies Law Center. Jenny Kassan, July, 2010
SEC Regulations Barricade The Crowdfunding Floodgates, The Crowdfunding Revolution. Â Kevin Lawton, November, 2010
Capital Offense: The SEC’s Continuing Failure to Address Small Business Financing Concerns, New York University Journal of Law and Business. Â Stuart R. Cohn & Gregory C. Yadley – Fall, 2007
Security Regulations and Their Effects on Small Businesses, California Research Bureau. Rosa Maria Moller, Ph.D. - April, 2000
