StartEngine Approved by FINRA as a Funding Portal

Equity funding portal StartEngine Capital LLC has been registered with the Securities Exchange Commission (SEC) and approved for membership by the Financial Industry Regulatory Authority (FINRA). StartEngine connects early-stage and growing companies seeking capital with investors seeking new investment opportunities. With this approval, StartEngine can operate as a funding portal for offerings under Regulation Crowdfunding and begin posting security offerings…

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Should Amazon CEO Jeff Bezos Be His Own Boss?

Ahead of Amazon’s annual general meeting of shareholders on May 30th, renowned proxy advisor firm, Institutional Shareholder Services, has come out in support of a shareholder resolution calling on the company to separate the role of CEO and Chair of the Board, creating an independent board chair.   Earlier this month, Institutional Shareholder Services (ISS), a renowned proxy advisor firm,…

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Smart Valley launches an ICO

Smart Valley - a decentralized platform for project assessment and development - has announced the start of its ICO. The token sale, which started on May 14, is the first ICO of a Russian project conducted in full compliance with Swiss law. Switzerland is the first Western European country to develop a clear legal framework for ICOs. The token sale…

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Founders of Centra Tech ICO Indicted for running Fraudulent ICO

The three co-founders of the ICO Centra Tech have been formally indicted for running a fraudulent ICO, according to a statement from the U.S. Department of Justice. All three are facing charges of securities fraud, wire fraud and two conspiracy counts. The defendants, Sohrab Sharma, Robert Farkas, and Raymond Trapani,  raised $32 million from investors in 2017. They apparently misled investors by falsely claiming that their company…

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