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The SRO alleges Wefunder violated crowdfunding rules and charged StartEngine with insufficiently remediating misleading content.
FINRA is taking aim at two companies known for crowdfunding. First, a definition of crowdfunding, courtesy of Investopedia: “Crowdfunding is the use of small amounts of capital from a large number of individuals to finance a new business venture. Crowdfunding makes use of … social media and crowdfunding websites to bring investors and entrepreneurs together,...
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