ADVOKS GLOBAL · KENYA
The Capital Markets (Investment-Based Crowdfunding) Regulations
28. Cautionary statement
Edition: 2022-12-31 · In force
28. Cautionary statement
(1)A crowdfunding platform operator shall prominently display a cautionary statement—(a)to all visitors to the site of the home page of the platform;(b)to every investor, on the subscription landing page of the issuer; and(c)on all application forms for investing through the platform.(2)The cautionary statement should caution and advise investors that—(a)investing in the issuers hosted on the platform may be high risk investment;(b)investors must be in a position to bear the risk associated with the loss of investment without undue hardship; and(c)investors must read the information carefully and may seek independent financial advice.