B1 S14 A14.3 crowdfunding risks (establishment of cf (regs complex and…
B1 S14 A14.3 crowdfunding risks
upper street (£243k)
bankruptcies: 1/5 of c/fs 2011-2013
:green_cross: NOT part of Fin Serv Comp Scheme
:grey_question: insurance levy intro?
:grey_question: publish failure rates
:check: pooled approach (most)
ISA "Innovative Finance"
stocks & shares
:question: equity-based cf - future inclusion?
borrower client risk also
establishment of cf
permitting law promulgation 4yrs pre commencement :!!:
SEC review, delays cf commencement
created credibility crisis
regs complex and uncertain
cf bus must file with SEC
accounts vetted by acct
o/all summary put cf as fin of last resort
...adverse selection (higher risk with nowhere else to go)