Investing Portal Settles Out Of SEC's 1st Crowdfunding Case

By Dean Seal · December 17, 2021, 9:26 PM EST

The crowdfunding portal implicated in the U.S. Securities and Exchange Commission's first enforcement action involving crowdfunding regulations has reached a settlement with the regulator, according to a court filing Friday....

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Documents

Motion

Case Information

Case Title

United States Securities and Exchange Commission v. Shumake, Jr.

Case Number

Court

Michigan Eastern

Nature of Suit

Securities/Commodities

Date Filed

September 20, 2021

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