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Regulations Glossary Term

Broker-Dealer

Definition

A firm registered with the SEC and FINRA authorized to buy and sell securities on behalf of customers or for its own account. GigaStar Securities LLC is a registered broker-dealer operating the ATS for secondary CRT trading.

Key Points to Remember

  • Broker-Dealer is regulated by the SEC under Regulation Crowdfunding
  • All investments carry risk — past performance doesn't guarantee future results
  • Review all offering documents carefully before investing

Related Terms

Frequently Asked Questions

What is a funding portal?

A funding portal is an SEC-registered, FINRA-member intermediary that facilitates securities offerings under Regulation Crowdfunding. GigaStar Market is a registered funding portal that hosts CRT offerings, ensuring regulatory compliance, required disclosures, and Investor protections as mandated by the SEC.

How does the SEC protect Investors in crowdfunding?

The SEC requires detailed disclosures through Form C filings, mandates annual investment limits for non-accredited Investors, provides a cancellation period before offering close, requires ongoing reporting from issuers, and oversees funding portals like GigaStar Market. These regulations are designed to provide transparency, though they do not eliminate investment risk.

What is a Form C?

Form C is the SEC filing required for every Regulation Crowdfunding offering. It contains detailed information about the offering including financial statements, risk factors, use of proceeds, Creator information, and the terms of the CRT offering. Investors should review the Form C carefully before investing.

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