Review of the legality of a business model selling stock investment information.
Article posted in | VEAT
A company recognized the problem of the similar investment advisory industry, where numerous businesses provide stock investment information to individual stock investors, but it is difficult to verify the reliability of the information they provide. Accordingly, A company is preparing to launch a new type of online open market service for investment information to increase the reliability of investment information, and has requested advice on whether there are any conflicts with the complex financial legal system.
Law firm Veat understood A company's service model and reviewed (1) responsibility as a communication seller or communication sales mediator under the Electronic Commerce Act, and (2) responsibility of investment advisors and similar investment advisors among financial investment businesses stipulated in the Capital Markets Act, and delivered advisory opinions on parts that should be revised for the service model to comply with relevant regulations. Creating a creative new business model while navigating complex financial regulations is not an easy task.
Law firm Veat will always strive to provide legal advice that can eliminate legal risks by complying with the content of relevant laws while maintaining the innovative business model developed by the startup as much as possible.
Thank you.
Law firm Veat