Customer relationship summary
Updated November 17, 2020
Securitize Markets, LLC (“Securitize Markets,” “Firm,” “us” or “we”) is registered with the Securities and Exchange Commission (“SEC”) as a broker-dealer and is a member of the Financial Industry Regulatory Authority and the Securities Investor Protection Corporation. SEC regulations require that broker-dealers like us provide you with a Relationship Summary that describes our services, fees, conflicts of interest, disciplinary history and other important information. Brokerage and investment advisory services and fees differ, and it is important for investors to understand the differences. Free and simple tools are available to research firms and financial professionals at Investor.gov, which also provides educational materials about broker-dealers, investment advisers, and investing.
We offer brokerage services to “retail investors” as defined under Regulation Best Interest. We offer and sell private placement offerings to retail investors under Regulation D, Regulation A, Regulation S and Regulation CF. These offerings are speculative, high risk and illiquid investments where an investor may lose their entire investment. We do at times provide recommendations but do not provide investment advice nor ongoing advice or monitoring of your investments. You may either select investments on your own or we may recommend investments for your account. As the investor, you make the ultimate decision regarding the purchase or sale of an investment and your investment strategy. We perform due diligence on the offerings for which we make recommendations, focusing on business, financial and organizational viability of the company offering the securities. We do not offer to investors a wide range of investments but limit our offerings to private placement securities, including digital asset securities. Other firms may offer a wider range of products and services, some of which may have lower costs.
We also have an Alternative Trading System (“ATS”) named Securitize Markets ATS that offers accredited investors the opportunity to buy or sell exempt securities on the secondary market. We do not make any recommendations concerning any securities transaction on Securitize Markets ATS. In addition, securities you own or may wish to purchase may not be available for secondary trading on Securitize Markets ATS.
If you open a brokerage account, you will pay us a transaction-based fee, generally referred to as a commission, every time you buy or sell an investment. Investments are subject to a one-time transaction fee calculated as a percentage of the amount of your investment. You would be charged more if there are more transactions in your account, or where a transaction is larger, and thus we may have an incentive to encourage you to trade often or in larger transactions. Our fees can vary depending on the issuer, type of security, and number and size of the transactions. You should carefully review the securities offering documents for full disclosure of your fees and costs for the transaction. We reserve the right at our discretion to waive or amend the fees we charge our investors on a case by case basis. You will pay fees and costs whether you make or lose money on your investments. Fees and costs will reduce any amount of money you make on your investments over time. Please make sure you understand what fees and costs you are paying. To learn more concerning our cost structure, please ask us or see our website at http://www.securitize.io/invest.