Alternative Transaction System

Fintech Regulation A (Chapter 1, Section 3 (bb))

The physical or virtual place that allows its participants to quote, offer, or trade financial instruments or publicly traded securities.

Application Fee: $2,500.00

The application fee is reduced to $1,500.00 if applying in conjunction with other FINTECH Licenses.

Applicable Rules:

FinTech Licensing Application Forms:

A-3 RFSA Fintech Reg A Application

A-4 RFSA Fintech Reg A Standard Deferral Application

A-5 RFSA Fintech Reg A Waiver-Exemption Petition

Requirements:

(1) That it has the systems and procedures necessary to comply with the information and
disclosure obligations established by Section 4 of this Chapter;

(2) That it has the operational capacity to support the processing of the transactions performed by its systems or infrastructure;