The following Chapter contains a comparison of the ECSPR with the United States regulatory framework for crowdfunding. In particular, the focus is on securities regulation in the United States. In order to provide for a more innovative European financial sector, it is important that the ECSPR is competitive in a global perspective. The United States is an important jurisdiction to compare the ECSPR with, considering the significant market volume of US crowdfunding as well as the fact that the United States has been a forerunner in adopting crowdfunding legislation. A conclusion in the Chapter is that the ECSPR contains many of the authorization and investor protection features which are applicable in the United States. However, there are also differences, for example regarding monetary limits on investments and ongoing disclosure obligations.