CROWDFUNDING 101: The House Subcommittee on TARP, Financial Services, and Bailouts of Public and Private Programs has slated a hearing called "Crowdfunding: Connecting Investors and Job Creators" on Thursday morning. Not many details on who's speaking but the White House is proposing an SEC exemption to let crowdsourcing investments flourish by letting people put up to $10K individually in deals that add up to as much as $1 million. O'Reilly Media writer Alex Howard gives a more detailed explanation here. And of course, here's a petition.
