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NES Financial to offer convenient investor verification services

The Securities and Exchange Commission recently passed the Jumpstart Our Business Startups Act (JOBS Act), removing the prohibition of general solicitation for securities offerings, provided that sales are limited to accredited investors. Under the Act, the issuer must take “reasonable steps” to verify that each investor is accredited.  While there is no specific definition as to what this may constitute, what is certain is that the issuer will need to take formal verification steps in addition to the information provided by the investors.passport

NES Financial recently entered into an agreement with VerifyInvestor.com to help issuers meet this additional responsibility in an efficient manner. VerifyInvestor.com, an online investor verification platform, is a cost-effective method for issuers of EB-5 investments to ensure their investors are accredited, thereby helping issuers meet the compliance requirements of the JOBS Act. Issuers can sign up, simply provide email addresses of their investors, and VerifyInvestor.com takes care of the rest. The system is completely secure and confidential, and because all verification reviews are conducted by licensed attorneys, issuers can be confident that they will meet the verification requirements of the JOBS Act.

By adding this new functionality to the EB-5 Suite of Solutions, NES Financial has expanded its solution set to add efficiencies for issuers prior to subscription all the way through the completion of the investment cycle. Now EB-5 issuers have a one-stop shop for EB-5 solutions to help them increase efficiency and streamline processes.

Learn more about the VerifyInvestor.com services and how to use them with NES Financial’s existing EB-5 solutions by reading the full press release.

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What is EB-5? Find out more by downloading our EB-5 Solution Kit.

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