New crowd funding legislation will provide greater choice to SMEs, lenders and investors:
That's the Treasury Minister, who moved four changes to the law following two public consultations in Tynwald last week.
It's a popular method of raising money from a large number of people to finance new projects and businesses.
The public helped inform the move - which exempts people undertaking the practice from the Moneylenders At 1991.
Eddie Teare explains how it's come about:
Firefighters tackle flat fire down South
Weather warning for storm Dave this weekend
Roads to close for music festival this weekend
How long do mental health patients stay in Manannan Court?
Could you take over this former restaurant?
Framework of new Sea Services Agreement ready, says minister
Attorney General says he's stepping down
Road closures in two towns for running event this week