Tag Archives: KYC

EU Determines Crowdfunding Offers A Minimal Terrorist Threat

The European Commission released in July an assessment of the risks of money laundering and terrorist financing for crowdfunding. The report states that the threat from crowdfunding “is based on the anonymity offered by the online presence and the worldwide … Continue reading

Posted in accredited investor, checkbook, Congress, Crowd Fund Act, Crowd Fund Act of 2012, Crowd Funding At the Margins, Crowd Funding Platforms, fraud, Investments, Jobs, Legislative Intent, review, SEC, Small Business, technology | Tagged , , , , , , , , , , , , , , , , , , | Leave a comment

Watch Out For “Stupid” Investors

There’s been a lot of talk about “curating” issuers on funding portal sites. But what about curating investors? An article in IndieWire suggests that crowd funders should be wary of “stupid” investors. Those are apparently the unsophisticated types who think … Continue reading

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, Legislative Intent, SEC, Small Business, Wall Street | Tagged , , , , , , , , , , , , , , , , , | Leave a comment