Fintech Regulation A(Chapter 1, Section 3 (g))
A person, facility or agency that provides assessments or recommendations to third parties regarding the advisability of making certain investments or transactions in financial instruments or investment projects.
Application Fee: $2,500.00
The application fee is reduced to $1,500.00 if applying in conjunction with other FINTECH Licenses.
Applicable Rules:
RFSA Administrative Action No. 15
FinTech Licensing Application Forms:
A-3 RFSA Fintech Reg A Application
A-4 RFSA Fintech Reg A Standard Deferral Application
A-5 RFSA Fintech Reg A Waiver-Exemption Petition
Requirements:
(1) That it has the systems and procedures necessary to comply with the information and disclosure obligations established by Section 4 of this Chapter; and
(2) That it has the competence and knowledge required by Section 5 of this Chapter;
Information Obligations: