S.E.C. to Study Easing Rules on Shares of Private Companies

WASHINGTON — The chairwoman of the Securities and Exchange Commission has ordered a staff review of the regulations that guide how small companies raise money from investors, as it considers relaxing the rules.
The review opens the door to changes that supporters say could make it attractive for more new technology companies like Facebook and Twitter to consider selling shares to the public.
S.E.C. staff members will study whether changes should be made in rules that

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