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