Article 325-66 into force from to
- Version into force from to
Crowdfunding investment advisers may provide a subscription application handling and monitoring service.
This service provision shall be formalised in an agreement between the crowdfunding investment adviser and the client issuer, setting out in particular the obligations of the crowdfunding investment adviser and the fees charged. For this purpose, the adviser shall collect notably the personal data of subscribers and transmit these to the issuer for registration in the records of the latter.
Crowdfunding investment advisers shall implement a procedure setting out the terms for handling and monitoring subscription application forms, notably in the event of oversubscription. This procedure shall provide for time-stamping of the subscription applications on receipt.
Crowdfunding investment advisers shall act with diligence and professionalism when processing subscription applications.
They shall keep a record of the service provided on a durable medium.
If the offer is cancelled, the adviser shall inform the client promptly of this.
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