US Freedom Capital Blog

EB-5 Highlighted as a FINRA Regulatory Priority in 2015

Posted by David Gunderson on Feb 25, 2015 7:34:00 PM

The Financial Industry Regulatory Authority (FINRA) issued its annual Regulatory and Examinations Priorities Letter for 2015 newsletter to the financial services industry. FINRA is the SEC’s designated industry authority, regulating and overseeing the sales of securities. The link to the report is here.

The report, for the first time to our knowledge, specifically mentions the EB-5 Investor Visa as a regulated securities offering:

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Texas holds the Top 3 of America's Fastest-Growing Cities 2015

Posted by David Gunderson on Feb 1, 2015 3:56:00 PM

When Prasant Pallikandi wanted to open the U.S. branch of his brand communication firm in Boston, his first step was sizing up the competition. The results were disheartening: for every 15 companies Pallikandi identified to target as potential clients, he counted one established branding firm he’d have to edge out. “It was a little overwhelming to say the least,” he says. “Being a startup and having to compete with these guys—I was like, how am I going to do that?”

He looked for a city that would give him better odds. When he crunched the numbers, Houston, with its booming energy sector, medical tech firms, and on-fire economy, came out on top. So two years ago, 26-year-old Pallikandi and his wife, Badiana, relocated to Houston, where they now helm the U.S. arm of Ganancia360, the Indian communications firm Pallikandi joined six years ago. So far Ganancia360 has worked with Houston-based energy companies, a handful of tech startups, and one cloud-based technology firm; Pallikandi is now trying hard to crack into med technology next. He has no regrets about trading cities. “There was so much more room to grow,” he says.

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