CHAPTER 11

Should You Set Up a Funding Portal?

Throughout this book we have looked at the role funding portals will play in the crowdfunding process and the responsibilities they have for ensuring that crowdfunded offerings of securities go smoothly and legally. In fact, both the JOBS Act and Regulation Crowdfunding put the burden squarely on funding portals to make sure the crowdfunding systems work—most of Regulation Crowdfunding’s nearly seven hundred pages are devoted to rules and regulations governing funding portals.

A few enterprising readers may be thinking to themselves, “Hey, the money in crowdfunding is with the funding portals! I should be thinking about starting up a funding portal!” This chapter will discuss funding portals, the ...

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