5See Joan MacLeod Henfinway, Shetden l:<yan Hoffman, Proceed at Your Peril: Crowdfimding and the Securities Act of 1933, Tenn. L. Rev. Vol.78, 21)11, pp.879-881. 2.
6See Paul Belleilamme, Thomas Lambert, Armin Schwienbacher, Crowdfunding: Tapping the Right Crowd, Center for Operations P, esearch & Econometrics, Discussion Paper No. 2011/32. 3.
7See C. Steven Bradford, Crowdftmding and the Federal Securities Laws, Columbia Business Law Review, No. 1,2012, p. 11. 4.
8Susanna Khavul, Microfinance: Creating Opportunities for the Poor, Academy of Management Perspectives, vol.24, 2010, pp.58-72. 5.
9Gijsbert Koren, Crowdfnnding, microfinance and peer to peer lending, available at http://wxswe.smartemmney.nl/?p=73, 2012- l 1-27. 6.
10See Kevin E. Davis, Anna Gelpem, Peer-to-Peer Financing for I)evelopment: Regulating the Intermediaries, N.Y.U.J. Int'l L. & Pol. Vol.42, 2010, p.121)9. 7.
