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Regulation Crowdfunding (Reg CF) is a federal regulation that allows small businesses and startups to raise capital by selling securities (such as equity or debt) to a large number of individual investors, including non-accredited investors. The Securities and Exchange Commission (SEC) and the Financial Industry Regulatory Authority (FINRA) are the key regulatory bodies that oversee and regulate Regulation Crowdfunding (Reg CF) in the United States.

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