The new Form I-956 and I-956 H contain a series of certifications and detailed personal information requirements with respect to the integrity and backgrounds of the owners, operators, and officers
Continue Reading What Does the New I-956 EB-5 Regional Center Designation Process Mean for Regional Center Investors?

The Financial Industry Regulatory Authority, Inc. (FINRA) regulates member brokerage firms and exchange markets in the United States.

FINRA is a not-for-profit non-governmental organization that acts as a self-regulatory organization (SRO). SROs were created by the Securities Exchange Act of 1934 to enforce certain industry standards and requirements related to securities trading and brokerage. FINRA is subject to the oversight of the Securities and Exchange Commission (SEC).

FINRA licenses individuals and admits firms to the industry, writes rules to govern their behavior, examines them for regulatory compliance, and disciplines registered representatives and member firms that fail to comply with federal securities laws and FINRA’s rules and regulations. FINRA maintains the Central Registration Depository, a database of all registered individuals and firms. In addition, FINRA provides education and qualification examinations for securities industry professionals.

Continue Reading What is FINRA?

In greater frequency, broker-dealers are participating in EB-5 financings.  These broker-dealers engage foreign finders and foreign affiliates to locate suitable investors.  Engaging foreign finders and foreign affiliates can pose compliance
Continue Reading Suitability and AML Concerns for Broker/Dealers Engaged in the Offering and Sale of EB-5 Investments