SEC's 1st Crowdfunding Enforcement Turns Heat On Portals

New York partner Eliza Sporn Fromberg was featured in a Law360 article discussing the potential impact of the SEC's first enforcement action on crowdfunding portals.

"This is certainly a wake-up call to crowdfunding portals that the SEC considers them to be gatekeepers and expects them to take appropriate actions to vet the issuers for raising funds through their portal," said Fromberg.