Tag Archives: monitor

Swiss Loosen Money Laundering Rules For Fintechs

In a move counter to today’s legal tightening, Swiss banking authorities are loosening rules to counter money laundering for small new fintech companies. The regulator, FINMA, has determined that “small” institutions are those with gross revenues under 1.2 million Swiss … Continue reading

Posted in accredited investor, Banking, Banks, Crowd Fund Act, Crowd Fund Act of 2012, Crowd Funding At the Margins, Crowd Funding Platforms, discrepancies, Dodd Frank, fraud, Investments, Jobs, Legislative Intent, review, technology, VC, Venture Capital, Wall Street | Tagged , , , , , , , , , , , , , , , , | Leave a comment

Charity Crowdfunding Portal Working Around-The-Clock To Stop Fraudsters

GoFundMe, a charity crowdfunding portal, says that it has taken down “a handful” of fraudulent campaigns seeking money for victims of the Manchester, United Kingdom bombing. One such false campaign was put up by a guy “Mike Collins” for his … Continue reading

Posted in accredited investor, Charity, checkbook, Crowd Fund Act, Crowd Fund Act of 2012, Crowd Funding At the Margins, Crowd Funding Platforms, Funding Portals, Investments | Tagged , , , , , , , , , , , , , , , , , | Leave a comment

Better Business Bureau Rates Crowdfunding Portals

The Houston Better Business Bureau has put out guidance for consumers about crowdfunding and has even accredited two in their area. “BBB has determined that NextSeed TX, LLC meets BBB accreditation standards, which include a commitment to make a good … Continue reading

Posted in accredited investor, Broker dealers, Congress, Crowd Fund Act, Crowd Fund Act of 2012, Crowd Funding At the Margins, Crowd Funding Platforms, Film, fraud, Funding Portals, Investments, Jobs, Legislative Intent, review, SEC, Small Business, States, VC, Venture Capital | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

SEC Approves Rule On Advertising Private Offerings

The SEC just approved a new rule that will permit general solicitation for private offerings under Regulation D, Rule 506 as long as the issuer takes reasonable steps to verify that the purchasers are “accredited investors.” Also approved today was … Continue reading

Posted in Broker dealers, Congress, FINRA, Funding Portals, Investments, Jobs, Legislative Intent, SEC, Small Business, Wall Street | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment