Business
11:46 am
Tue September 3, 2013

Changes Could Mean Angel Flight

Angel investors pump a lot of cash into start-up businesses in this country - by some accounts about $23 billion a year. But some say they'll back off from looking for new opportunities if the Securities and Exchange Commission implements new rules on funding -- rules that are due to go into effect September 10. The irony is that the rules were supposed to make it easier for start-ups to find seed money.