The SEC is consulting on crowdfunding rule changes until 20 Nov 2026. Issuers could close an offering early once subscriptions reach the target, but the funding portal must give investors at least 24 hours' notice. Investors could cancel orders until close, and the knowledge test would be taken only once. If your business plans to raise funds through a crowdfunding portal, this affects timing and how you manage investor commitments. Submit comments by 20 Nov if you want to influence the outcome.