While the Securities and Exchange Commission regulates public securities on a national level, each state also has its own regulatory entity serving a similar function.

Since the passage of the JOBS Act, advocates of equity crowdfunding have moved to legalize intrastate – or in state – crowdfunding.

Below are a list of states that have approved intrastate crowdfunding in some form, as of August 2014.

  • Alabama
  • Georgia
  • Idaho
  • Kansas
  • Maine
  • Maryland
  • Michigan
  • Nebraska
  • Tennessee
  • Washington
  • Wisconsin

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