United States:
SEC Offers Guidance On Regulation Crowdfunding
07 October 2018
Cadwalader, Wickersham & Taft LLP
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In a new set of FAQs issued by staff, the SEC Division of
Trading and Markets provided guidance for intermediaries offering
services in connection with the offering of securities under
Regulation Crowdfunding. Among the issues addressed were
conflicts of interest, compensation, due diligence requirements,
recordkeeping, requirements as to communications, custody of
payments, fees to investors, and registration as a funding
portal.
The content of this article is intended to provide a general
guide to the subject matter. Specialist advice should be sought
about your specific circumstances.
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