New Brunswick’s Financial and Consumer Services Commission, or FCNB, is planning a series of education sessions about equity-based crowdfunding.

Crowdfunding is the process of raising money online from a broad range of people. Although it has been used for charitable fundraising and early sales of products, regulators in six provinces (including Nova Scotia and New Brunswick) recently approved the practice for companies raising capital. No company can raise more than $250,000 in a single campaign, and investors are limited to maximum investments of $1,500 per company.

The free sessions, which include lunch, will feature speakers from FCNB, the law firm Cox & Palmer, and the accountants and consultancy EY. They will be held from noon to 2 pm on the following dates:

-  Saint John, July 7, at Connexion Works;

-  Moncton, July 8, at the Venn Centre;

-  And Fredericton, July 9, at Planet Hatch.

To register to this free event, please visit this link or call 506 643-7805.

An FCNB spokesman said the commission is planning on a joint session with the Nova Scotia Securities Commission in the autumn.