The SEC has authorized the direct public offering of stock over the Internet.

Name: The SEC has authorized the direct public offering of stock over the Internet.
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Question

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In 2020, the SEC adopted new rules that allow companies to raise up to $5 million per year from the general public through online direct public offerings. This provides an alternative to traditional IPOs and allows companies to sell shares of stock directly to investors over the Internet.

The SEC Has Authorized the Direct Public Offering of Stock