[Infographic] Guide to US Crowdfunding
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Below is a helpful infographic to US crowfunding. Download a printable PDF here.
Starting May 22nd, 2021 FINRA will require Issuer to fill out an update form when filing. The new rules are based on FINRA Rules 5122 (Private Placements of Securities Issued by Members) and 5123 (Private Placements of Securities). It is very important for Issuers to familiarize themselves with the changes in order to stay compliant with the new and updated questions that are in the new Filer Form. As the new Filer Form will be required for all new filings as well as amended ones, May 22nd is a major day for all Issuers. The full breakdown of the form changes, including the actual form, and contact information for sending FINRA inquiries regarding the changes can be found on FINRA website. That being said we will summarize the announcement in this blog article.
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