Finance & markets · 04/04/2016Updated: 10/17/2026 · 1 min read
FinCEN Proposes Amendments to Broker or Dealer Definitions to Include Funding Portals
Summary
FinCEN is proposing changes to the definition of 'broker or dealer in securities' to explicitly include funding portals involved in crowdfunding securities, aiming to prevent money laundering and terrorist financing.
Original source language: Federal Register — Department of the TreasuryOpen original release →