Sentences with phrase «approved equity crowdfunding portals»
Not exact matches
StartEngine is one of the first applicants to begin the process to become a registered Funding Portal with the SEC and, when available in February, will apply to become a member of the Financial Industry Regulatory Authority (FINRA) under the historic rules which were approved last October and will go into effect on May 16, 2016, allowing entrepreneurs to raise up to $ 1M per year via equity crowdfunding from all investors.
http://goodcrowd.info/
This requirement places equity crowdfunding portals operating under this exemption under the same capital and bond requirements as exempt market dealers and recently approved restricted dealers in Ontario.