Launch Tennessee CEO Lindsey Cox said good news is on the horizon as Tennessee implements a significant rule change to exempt venture capital firms from the requirement of full registration as investment advisers.
“This development is a testament to the state’s commitment to continue to seek the best ways to foster innovation and boost the growth of the entrepreneurial ecosystem while also eliminating barriers and helping technologies find capital,” Cox wrote in an opinion piece for The Tennessean.
Read the entire article to see how LaunchTN worked with the state to address this issue.