A month ago we told you it’s coming, and now it’s here. The Financial Industry Regulatory Authority (FINRA) has released an interim application for prospective funding portals, entities which will serve as middlemen between investors and companies looking for funding under rules proposed in the JOBS Act. The FINRA interim application is a voluntary request-for-information from companies who plan on registering as funding portals. The organization will use data from the applications in cooperation…
Regulator asks for input from prospective crowdfunding portals
