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How does Directpost differ from Crowdfunding sites?
In general, crowdfunding sites are limited to investments in a single asset class and investors are asked to make an evaluation without professional advise. Directpost attempts to provide complete information and requires the use of professional advice.
Does Directpost sell to investors?
No. Every accredited investor will invest through an unaffiliated Broker-Dealer or Registered Investment Advisor engaged with Directpost. An investor interested in an offering listed on Directpost should contact the Broker-Dealer with which it maintains an account. If that Broker- Dealer does not wish to participate in the offering, the investor should contact a Broker-Dealer or Registered Investment Advisor engaged with Directpost. Any Broker-Dealer listed will be sufficiently licensed to complete the transaction for you.
Why do I need a Broker-Dealer?
Although Directpost is committed to providing transparency with respect to listed offerings, there are legal opinions and other information that is restricted to Broker-Dealer use only. In addition, it is important to get professional advice before investing in alternative assets of the types listed on Directpost.
May I invest in all offerings listed on Directpost?
No. While many of the offerings on Directpost may be invested in by both institutions and investors, some are intended for institutions only. Those institutional investments are clearly marked.
Does Directpost list all offerings presented to it?
No. In order to be listed on Directpost a Sponsor must sign a Listing Agreement, meet listing standards and obtain a Due Diligence opinion from Mick Law P.C.
Does Directpost have a Privacy Policy?
Yes. Here is a link to our Privacy Policy.
What access will I have to Sponsors for due diligence questions, etc.?
Any user of Directpost may use the chat feature to pose a question to a Sponsor. Questions will be reviewed by Directpost staff before they are published. A Sponsor must respond to each question posed. Sponsors’ responses are reviewed by Directpost staff to make certain that the question posed has been answered. Questions and answers are published to reduce the time answering the same question multiple times.
Is Directpost a Broker-Dealer?
Directpost is an Office of Supervisory Jurisdiction “OSJ" under a FINRA Broker-Dealer.
How does Directpost handle Blue Sky filings?
Directpost will submit Blue Sky filings on behalf of the Sponsor.
Is there an investment minimum?
Yes. There are investment minimums for each offering. However, in some cases a sponsor may have the discretion to accept investments below the stated minimum.
What is a Direct Participation Investment?
A Direct Participation Investment is a financial security that enables investors to participate in a business venture’s cash flow and taxation benefits.
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