28 Nov
2013
28 Nov
'13
10:21 a.m.
FINRA - the Financial Industry Regulatory Authority - is the non-profit that does the
accreditation of investors. In order to be a crowdfunding portal, an entity needs to be
registered with them.
I am filling out the Interim form as expression of interest and will post the text of the
application to the Sudo wiki.
http://www.finra.org/Industry/Issues/Crowdfunding/ - The FINRA page for crowdfunding.
FINRA invites prospective crowdfunding portals to
voluntarily file an interim funding portal form.
If you intend to act as a funding portal under the JOBS Act, you may voluntarily submit
this form to inform us about your future funding portal business. Your filing will help us
to develop rules that reflect the funding portal community and its business. FINRA will
treat the information that you file on the interim form as confidential.
Note: Filing of this interim form will not entitle you to FINRA membership. We will make
membership available to funding portals after the SEC adopts funding portal rules and
approves FINRA's funding portal rules.
Once funding portal rules are in place, FINRA will issue a final funding portal
application that will be necessary for you to file to become a FINRA member. In applying
for membership, you will not be bound by the responses you provided on this interim
funding portal form.
In addition to the information we request on the interim form, you may provide any
additional information or documents that you believe would be helpful.