FINRA To Meet To Consider Funding Portal Rules

The broker dealer regulator, FINRA,  will consider a proposal to solicit comment via Regulatory Notice on proposed rules and related forms governing funding portals pursuant to Title III (the Crowd Fund Act) of the JOBS Act. FINRA previously requested that funding portals submit a preliminary registration form to commence their database. After the July 11 meeting, FINRA will notify firms via email about the Board’s actions on these items and anticipated next steps, if any.

http://www.finra.org/Industry/Regulation/Guidance/CommunicationstoFirms/P292644

About JeffKoeppel

I am a corporate/securities attorney in the Washington, DC area. Prior to joining the firm, I was a Senior Attorney Advisor in the Division of Corporation Finance at the U.S. Securities and Exchange Commission. I am a member of the Bars of the States of Maryland, New York and the District of Columbia. You can also follow this blog on LinkedIn at: http://www.linkedin.com/pub/jeffrey-a-koeppel/0/63/5a9
This entry was posted in Broker dealers, Congress, Crowd Fund Act, Crowd Fund Act of 2012, Crowd Funding At the Margins, Crowd Funding Platforms, Film, FINRA, Funding Portals, Investments, Jobs, Legislative Intent, SEC, Small Business, Wall Street and tagged , , , , , , , , , , , , , , , , , , , , . Bookmark the permalink.

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