Analysis

SEC's 1st Crowdfunding Enforcement Turns Heat On Portals

By Tom Zanki · September 24, 2021, 9:40 PM EDT

The U.S. Securities and Exchange Commission's decision to target a crowdfunding portal in its first enforcement action involving such capital campaigns sends a strong signal that regulators expect intermediaries to thoroughly...

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Case Information

Case Title

United States Securities and Exchange Commission v. Japhia

Case Number

2:21-cv-12193

Court

Michigan Eastern

Nature of Suit

Securities/Commodities

Date Filed

September 20, 2021