Before Sept. 23, investors are able to self - attest their own financial worth, thus validating
their status as accredited investors.
The company may generally solicit their offering, but the company must verify each investor's
status as an accredited investor prior to closing and accepting funds.
In order to participate in token sales as an Investor, we also require certain information to confirm
your status as an accredited investor.
Not exact matches
The company sees the badge
as a reliable, effective way both for businesses to verify an
accredited investor and for
investors to prove their
status to entrepreneurs.
Until now,
investors had been able to declare that they meet the U.S. requirements for being
accredited, but
as of Monday, they will need to have a third party, such
as an accountant or lawyer, vouch for their
accredited status.
An
accredited investor that completes the process will receive a letter from SeedInvest's partner broker dealer certifying
as to the
investors accredited investor status as well
as an electronic
accredited investor badge.
Using the number of
accredited investors in the US
as a proxy, that is only 12 million people in a nation of 300M + who could participate in «fintech IPOS» and the financial background of these people is much closer to 1 %
status.
Also, reaching this threshold is one of the ways to attain «
accredited investor»
status in some provinces (such
as Ontario), which gives you access to specialized investments like hedge funds that bypass some of the regulatory requirements and protections of mainstream investments (which means you need to do more of your own due diligence in assessing risk).
AWARDS:
Accredited as «
Investors in People» Achieved Virgin Fast Track 100
Status in the UK Achieved Sunday Times International Track 200 Thames Valley international Business Award Thames Valley Business Magazine Achieved Sunday Times «Best Companies to Work For» Successful candidates will receive: • A Guaranteed Salary to cover what you need to earn now and to also give you the time to build your market - you don't have to take a pay cut to move!