C&SS Services
Compliance and Settlement Services (C&SS) provides a cost-effective alternative to the verification of potential investor status, effected documents, and the source of their funds for companies offering securities.
Engagement with C&SS is via a service agreement based on a monthly recurring and individual transaction fees. The monthly rate includes around the clock access to C&SS team members, an electronic archival of the related Offering documents, reception of potential investor funds, settlement payments to approved vendors, an entire accounting of funds received and disbursements made, and direct assistance with potential investors throughout our onboard process.
A fixed rate transaction fee for each potential investor includes:
- Verification by a C&SS team member of properly effected subscription documents.
- Verification of potential investor status as established by the SEC.
- Verification of the source of funds from the potential investor.
Additional transactional fees include:
- A one-time set up fee for the review of necessary documentation.
- Preparation of documents of client company's offering, such as:
- Private Placement Memorandum
- Subscription Agreement
- Accredited Investor Questionnaire
Once documents have been reviewed, uploaded, and accepted, C&SS incorporates its additional accredited investor verification forms, and upon request, provides the entire document set via an electronically executable DocuSign to potential investors of the client company.
For entities that do not elect to contract the full suite of services, C&SS offers a quick, one-time fee, to provide verification of an accredited investors status.