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Broker Dealer Due Diligence

Broker Dealers, unlike crowdfunding platforms, are required to perform due diligence on any potential offering prior to making it available to investors. The BD is obligated to look at various factors such as the startup’s financials, whether the product/service seems viable, is there a market for it, does the management team know what they are doing, are there any red flags, is the company legally set up or have there been any issues with the company or its management team. Bonus Tip: Propel(x) investors have access to this material prior to making a final decision to invest.

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