Fintech Regulation A (Chapter 1, Section 3 (q))
The physical or virtual place through which those who have investment projects or financing needs: (1) disseminate, communicate, offer, or promote those projects or needs, or the characteristics thereof; or (2) contact, or obtain contact information from, those who have the resources available or the intention to participate in, or satisfy, those projects or needs.
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:
That it has the necessary systems and procedures to comply with the information and disclosure obligations set forth in Section 4 of this Chapter.
Information Obligations of Crowdfunding Platforms:
(1) The characteristics and conditions of the investment
projects or financing needs; and
(2) The potential conflicts of interest that the crowdfunding
platform may have;