In July, the Securities Exchange Commission (SEC) made several leadership changes in the Office of Compliance Inspections and Examinations (OCIE) and in the Clearance and Settlement Examination Program (CSEP). SEC announced the changes below in separate press releases issued in July, 2018. It’ll remain to be seen how this news will affect crowdfunding, blockchain, exempt securities, and accredited investor verification.
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Accredited investors are a vital part of the fundraising world. The status of being an accredited investor is both coveted and difficult to achieve. The definition of accredited investor is found in Rule 501 of Regulation D. It’s pretty complicated, but Investopedia has the following simpler general definition: "a person or entity that can deal with securities not registered with financial authorities by satisfying one of the requirements regarding income, net worth, asset size, governance status or professional experience." This title means that the investor can avoid companies that need costly SEC filings and invest in unregistered securities.
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Meeting the requirements to be an accredited investor in the United States carries some major advantages—most notably the ability to invest in projects non-accredited investors cannot. Depending on your specific financial situation, however, there may be pitfalls as well.
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Join VerifyInvestor.com at the launch of the Security Token Industry. Explore the Core Foundations of the emerging industry with experts such as the former Vice Chairman of Nasdaq, David Weild, and the creator of the ERC20 token standard Fabian Vogelsteller. We are one of the gold sponsors for this event.
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Our Co-Founder, Jor Law, will be speaking at the upcoming StartEngine Summit on October 19th in Santa Monica, CA. The StartEngine Summit will focus on tokenizing securities and alternative assets.
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Mobile World Congress Americas 2018 will be held on September 12 – 14, 2018 at the Los Angeles Convention Center (LACC) located at 1201 South Figueroa Street Los Angeles, California 90015.
VerifyInvestor.com is a community partner and will be judging the pitch competition on September 14th, 2018. Come check out some of the promising startups and meet a ton of investors.
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Ensuring Compliant Investor Onboarding via KYC of Accredited Investors. New York, Aug. 30, 2018 (GLOBE NEWSWIRE) -- AlphaPoint, a leading blockchain company focused on enabling institutions to launch, scale, and operate digital asset networks and exchanges all over the world, today announced a partnership with VerifyInvestor.com, a tZero subsidiary and a leading provider of investor verification services for accredited investors.
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Our Co-Founder, Jor Law, has been invited to speak and share his knowledge at Blockchain 101: An Introduction to Blockchain and Blockchain Opportunities. Proceeds from this event will benefit the TechGyrls afterschool program for the YWCA Pasadena-Foothill Valley Chapter. This FREE program teaches STEAM (Science, Technology, Engineering, Arts and Math) to girls ages 10 to 14 years of age in the Pasadena area. www.ywca-pasadena.org.
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Join our Co-Founder, Jor Law, as he heads to speak at the 2018 US China Blockchain and Digital Currency Conference on August 22nd, 2018.
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