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eLucid Technologies, LLC
United States
01 Jul 2018 (7 Years)
Last online: No recent activity
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What are the differences in regulations for each
License
A Grade License
Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.
B Grade License
Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.
C Grade License
Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.
D Grade License
From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.
Company Information
Get to know eLucid Technologies, LLC
Company Information
Get to know eLucid Technologies, LLC
eLucid Technologies is a developer of digital mortgage solutions including web, mobile, cloud, AI, and blockchain for B2B and B2C applications. We are dedicated to delivering innovative products that make the mortgage process simpler and more transparent. Our goal is to empower borrowers while streamlining processes and reducing costs for lenders.
Industry
- Financial InsurancePRIMARY
- Financial Other Service
- Technology Software Development
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