Crowdfunding - Rules 400-404 (Funding Portals)

The Rule 400 series of Regulation Crowdfunding (17 CFR Part 227) contains rules specifically applicable to funding portals (17 CFR 227.400-404). Funding portals register with the Commission by filing an application on Form Funding Portal, which requires information from the funding portal applicant, including information about the funding portal’s business, principals, control relationships, and employees. The Rule 400 series also requires, among other things, that funding portals make and keep records of compliance policies and procedures and make third party disclosures to become members of a national securities association. These requirements help ensure that the Commission has information to oversee funding portals and their activities in the crowdfunding securities market effectively.

The latest form for Crowdfunding - Rules 400-404 (Funding Portals) expires 2028-12-31 and can be found here.

IC1 - Form Funding Portal: Application for Funding Portal Registration

Federal Enterprise Architecture: Economic Development - Financial Sector Oversight

Review document collections for all forms, instructions, and supporting documents - including paper/printable forms.