9 May 2025
📈Funding Portals
Submission for OMB Review; Comment Request; Extension: Rules 400-404 of Regulation Crowdfunding (Funding Portals)
Summary
The Securities and Exchange Commission (SEC) outlines requirements under Regulation Crowdfunding, introducing mandatory compliance for funding portals. This includes rules for registration, information transparency, and record-keeping, all aimed at enhancing public access to information about funding portals and ensuring adherence to federal securities laws.
Agencies
- Securities and Exchange Commission
Business Impact
$$ - Med
The rules established for funding portals under Regulation Crowdfunding impose mandatory compliance requirements on funding portals, affecting their operational costs and transparency practices. These regulations necessitate resources for documentation and reporting, leading to financial implications for affected businesses.