Regulation Crowdfunding – Part II

[Continued from Regulation Crowdfunding – Part I]

Crowdfunding Requirements for Intermediaries

 The following requirements apply to both broker-dealers and funding portals acting as an intermediary in a transaction involving the sales of securities pursuant to Regulation Crowdfunding (“Regulation CF”):

  • Register with the SEC as a broker or as a funding portal.
  • Register with a self-regulatory organization (“SRO”); the only eligible SRO at present being FINRA.

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2016 Broker-Dealer Training Considerations

Annual broker-dealer training should be derived from relevant regulatory and/or industry focus areas. It is important to consider the current “hot topics” and implement appropriate training regarding the areas that would best mitigate risk when performing needs analysis and developing an annual broker-dealer training plan. Read More…