Qualified Purchaser: Is It Different From An Accredited Investor?
October 13, 2020 | Parallel Markets Team
A look at why private funds are always on the lookout for qualified purchasers and how they differ from accredited investors.
SEC Expands Accredited Investor Definition - Parallel Markets Tech Leads the Way
August 26, 2020 | Nick Goss
NEW YORK, Aug. 26, 2020 /PRNewswire/ – The Securities and Exchange Commission (the “SEC”) today took an initial step towards democratizing access to private investments by expanding the definition of an “accredited investor” to include persons who have demonstrated certain levels of financial sophistication. Qualifying as an “accredited investor” is important because it is a regulatory prerequisite to participation in private investment opportunities, including private equity, hedge funds, venture funds, start-ups and real estate.
Former MealPal CTO Joins Parallel Markets
August 21, 2020 | Nick Goss
NEW YORK, Aug. 21, 2020 /PRNewswire/ – Parallel Markets Inc. (“Parallel”), a market leader in the digital identity space, today announced that Alan Norton has joined as a Senior Engineer to help support and grow Parallel’s investor identity platform.
Head of Web for Axios joins Parallel to Lead User Experience
August 06, 2020 | Nick Goss
NEW YORK, Aug. 6, 2020 /PRNewswire/ – Parallel Markets Inc. (“Parallel”), a market leader in the digital investor identity space, today announced that Rick Terrill has joined as the Lead Front-end Engineer to help shape the way Parallel’s massively growing user base interacts with investment platforms across the globe.
Toward a Well-Functioning Private Securities Market
June 16, 2020 | Nick Goss
A number of well-financed players are competing to be the first to bring a viable private securities exchange to market. The objective is not a new one. We are in the middle of a thirty-year trend of increased efficiencies and liquidity in privately held securities, but the race does seem to be heating up.
SEC Proposed Amendment Would Broaden Access to Private Markets
January 16, 2020 | Nick Goss
On December 18, 2019, the Securities and Exchange Commission released a proposed amendment to the definition of an “accredited investor” that would broaden the categories of qualifying persons and entities. The new categories are based on, among other things, professional knowledge, experience and/or certifications.
FarmTogether Integrates Parallel Passport to Increase Access to Farmland Investments
January 06, 2020 | Nick Goss
Parallel Markets is excited to announce that FarmTogether, a technology-driven investment platform, is integrating the Parallel Passport to make investing in farmland easier than ever before.
DiversyFund Integrates Parallel Passport to Simplify Alternative Investments
December 13, 2019 | Nick Goss
Parallel Markets is excited to announce that DiversyFund, an industry leader in technology-enabled real estate investing, has integrated the Parallel Passport to service its investor identity and accreditation needs.
Parallel and Chainlink Announce Integration to Provide Blockchain Investor Identity
October 01, 2019 | Tony Peccatiello
Parallel Markets is excited to announce that it will be connecting its investor identity data to the Chainlink network to help build the first portable investor identity solution available on the blockchain.