Fee structures Prohibited from being No restrictions on fee structures, No restrictions on fee structures, renumerated according to although fees paid by an issuer although fees paid by an issuer must the amount of funds raised must be disclosed. be disclosed. by the issuer, or in the securities or other interest of the issuer. Interests in issuers Prohibited from having a Permitted to invest in issuers using Permitted to invest in issuers financial interest in an their platform, although details of their platform, however the issuer its website. any investments must be disclosed. intermediary must place strict controls to prevent the suggestion or promotion of one issuer over another in the case where an intermediary has invested in the issuer beyond the equity provided as remuneration. Provision of Prohibited. Not specified in legislation. Prohibited. investment advice to investors Lending to CSEF Prohibited. Not specified in legislation. No comment. investors Investors Investment caps $2,500 per issuer per Voluntary investor caps, with the $2,500 per issuer per 12-month period and $10,000 level of disclosure dependent upon period and $10,000 in total CSEF in total CSEF investment the level of any voluntary caps and investment per 12month period per 12month period. the amount of funds the issuer is with hybrid model incorporating US seeking to raise. and/or New Zealand features. Risk Signature of risk Signature of risk acknowledgement Signature of risk acknowledgement acknowledgement acknowledgement statements prior to investment. statements prior to investment. statements prior to investment.
Fee structures Prohibited from being renumerated according to the amount of funds raised by the issuer, or in the securities or other interest of the issuer. No restrictions on fee structures, although fees paid by an issuer must be disclosed. No restrictions on fee structures, although fees paid by an issuer must be disclosed. Interests in issuers Prohibited from having a financial interest in an issuer its website. Permitted to invest in issuers using their platform, although details of any investments must be disclosed. Permitted to invest in issuers their platform, however the intermediary must place strict controls to prevent the suggestion or promotion of one issuer over another in the case where an intermediary has invested in the issuer beyond the equity provided as remuneration. Provision of investment advice to investors Prohibited. Not specified in legislation. Prohibited. Lending to CSEF investors Prohibited. Not specified in legislation. No comment. Investors Investment caps $2,500 per issuer per period and $10,000 in total CSEF investment per 12month period. Voluntary investor caps, with the level of disclosure dependent upon the level of any voluntary caps and the amount of funds the issuer is seeking to raise. $2,500 per issuer per 12-month period and $10,000 in total CSEF investment per 12month period with hybrid model incorporating US and/or New Zealand features. Risk acknowledgement Signature of risk acknowledgement statements prior to investment. Signature of risk acknowledgement statements prior to investment. Signature of risk acknowledgement statements prior to investment.
C2014-054_Incubatr.docx