Even before Obama signed the legislation in April legalizing crowdfund investing, which he praised as a way to spur entrepreneurship and create jobs, two new lobbying groups had sprung to life. The leaders of the dueling organizations--the National Crowdfunding Association and the Crowdfunding Professional Association--don't yet have pricey offices in the nation's capital. In fact, they don't have offices at all. Or staff. Or experience lobbying, for that matter.
For more on the two rival groups and the people behind them, head here.
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