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Investment Bank Dinan & Company Launches ConfidentCrowd Exclusive Crowdfunding Portal For FINRA Broker-Dealers

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Summary Dinan & Company, a 25-year old investment bank, today announced the launch of ConfidentCrowd, a new crowdfunding portal that exclusively uses FINRA-registered broker-dealers as participating members to screen companies seeking funding to minimize investor risk. The announcement was made at FINRA’s 2012 Annual Conference in Washington, DC, where ConfidentCrowd is a sponsoring exhibitor.

Description Previously, crowdfunding has been limited legally to nonprofit and philanthropic fundraising efforts but the new law will open the opportunities to include investments in a full range of high-growth companies. The SEC has until January 2013 to develop the framework in which the new crowdfunding sector will operate, although it is possible initial guidance may come sooner.

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