Congress Watch: Crowd-Funding, Apple and GOFA

Crowd-Funding Close to Winning Congressional Approval  By a wide margin, the Senate joined the House in approving legislation that would permit companies to raise capital by crowd-funding.  The Senate CROWDFUND Act (Capital Raising Online While Deterring Fraud and Unethical Non-Disclosure Act) and the JOBS ACT (Jumpstart Our Business Startups Act) generally permit companies to raise up to $1 million…