To help small businesses raise capital, the Securities and Exchange Commission allows the companies to advertise investment opportunities to the public. This most likely encourages

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Crowdfunding is a method of raising capital through the collective effort of friends, family, customers, and individual investors. This approach taps into the collective efforts of a large pool of individuals—primarily online via social media and crowdfunding platforms—and leverages their networks for greater reach and exposure. The Securities and Exchange Commission's allowance for companies to advertise investment opportunities to the public directly supports the concept of crowdfunding by enabling businesses to reach a wider audience of potential investors.

To Help Small Businesses Raise Capital, the Securities and Exchange