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Crowdfunding platforms that offer loans should be regulated like mortgage lenders to improve safety and transparency for customers, Britain's Financial Conduct Authority said on Friday. The FCA was announcing the results of a public consultation into rules it introduced in 2014. "These include more prescriptive requirements on the content and timing of disclosures by both loan-based and investment-based crowdfunding platforms." The FCA said it will consult next year on additional rules to strengthen "wind-down" plans, additional requirements or restrictions on "cross-platform" investment, and extending mortgage-lending standards to loan-based platforms.
What started as a 911 call reporting a domestic disturbance erupted in violence as two responding officers were struck by deadly gunfire — leaving a rural Georgia community grieving and on edge as police hunted the attacker.