Explained

The Federal Reserve System—or the “Fed” as it’s known—arguably plays the most crucial role in the U.S. economy. Yet most people have little idea how the Fed works, what it actually does and why its decisions have so much impact. Here are the details. What is the Federal Reserve? The Fed is the gatekeeper of …

The Securities and Exchange Commission allows certain securities offered by companies and private funds to be exempt from registration as long as they are only offered to, or purchased by, accredited investors. These securities can include hedge funds, venture capital funds, and companies raising capital in the burgeoning sector of equity crowdfunding. But what, or …