As posted on the FINRA web site on December 7th following the scheduled meeting of the FINRA Board of Governors, Richard Ketchum issued a summary of the rule proposals as approved by the board. One of the proposals specifically addressed crowdfunding.
Included amongst several other items from their agenda was another step in the process of allowing Crowdfunding to commence in 2013:
Interim Form for Funding Portals Under the JOBS Act
The Board authorized FINRA to issue an interim form to seek essential information from prospective funding portals intending to apply for membership with FINRA pursuant to the JOBS Act. Prospective funding portals would file the interim form with FINRA voluntarily until final SEC and FINRA rules governing funding portals are in place. FINRA will file the interim form with the SEC.
The entire posting may be viewed here.
