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FINRA Fines Two Crowdfunding Portals

May 11, 2022 by Louis Chunovic

FINRA Fines Two Crowdfunding Portals

FINRA is taking aim at two companies known for crowdfunding. First, a definition of crowdfunding, courtesy of Investopedia: “Crowdfunding is the use of small amounts of capital from a large number of individuals to finance a new business venture. Crowdfunding makes use of … social media and crowdfunding websites to bring investors and entrepreneurs together,… Read More >>

Filed Under: Securities Operations, Data Management, Operational Risk, Private Markets, Reconciliation & Exceptions, Risk Management, Settlement, General Interest, Governance, Diversity, Equity, and Inclusion (DEI), Standards, KYC, AML/Fraud/Financial Crime, Regulation & Compliance, Regulatory Reporting, Industry News Tagged With: automation, compliance, crowdfunding, data management, exchanges, Financial Industry Regulatory Authority (FINRA), operational risk, Securities Operations, StartEngine, wall street, Wefunder

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