Simplify Compliance- EarlyIQ streamlines the process for all constituents involved in promoting, executing, and issuing securities under Regulation in the United States.
Regulation requires that issuers of all private securities sold under Rule 506 disclose covered events or disqualify certain principles involved with a company seeking funding under the safe harbor.
Used by online funding platforms, broker/dealers, other private investment intermediaries, as well as angel groups and other accredited investors helps ensure compliance with Regulation D, Rule 506(d).
Bad Actor provisions under U.S. Securities and Exchange Commission (SEC) Regulation D, Rule 506 (d). Under the rule, certain disqualifying events must be monitored and disclosed in order to offer securities in compliance with the safe harbor for Regulation D, Rules 506 (b) and 506 (c).
- Business entity verification
- Positive online identity verification of all applicants
- National criminal records search
- Patriot Act records search through the OFAC database
- Other regulatory infractions search