menu search

Fundrise in SEC hot seat after using influencers to canvass investors

Fundrise in SEC hot seat after using influencers to canvass investors
As Fundrise did not require the influencers and newsletters to provide specific disclosures, the investment adviser went against US law. In its filing, the SEC specifically noted the lack of these disclosures in the Fundrise brochure. The company consented to pay a civil penalty of $250,000. In a statement, SEC commented: Fundrise consented to the […] The post Fundrise in SEC hot seat after using influencers to canvass investors appeared first on LeapRate... Read More
Posted: Aug 23 2023, 09:14
Author Name: leaprate
Views: 111784

Search within

Pages Search Results: