Table of contents
How do I break a connection to a connected party?
You can choose to stop sharing data related to a specific offering or, if you'd prefer to stop sharing data for all connected offerings, disconnect from a company.
Issuers
Navigate to the Connections tab within the EdgeLink section, and click on 'Offerings'. From here, click the 'x' next to any offering you'd like to disconnect. If you'd like to disconnect from a company entirely, click the 'Disconnect' button next to the company name.
Dealers
Navigate to the Connections tab within the EdgeLink section and click on 'Link Offerings'. From here, click the 'Dsiconnect' button next to any offering you'd like to disconnect. If you'd like to disconnect from a company entirely, click the 'Disconnect' button next to the company name.
What happens when I disconnect an offering from a connected party?
The only changes that will immediately occur on your system are:
· removal of the EdgeLink icon next to EdgeLink'ed content
· removal of your connected party's transaction number
Moving forward, you will no longer be able to send or receive this information about the disconnected offering:
· documents
· cmv updates
· transactional data
· reinvestment percentage updates
Reconnecting with a previously disconnected offering will not restore the connected party's transaction number, nor will it transit any information that was created or updated while disconnected.
If an investor has worked with multiple exempt market dealers, who receives their transactional data?
EdgeLink treats each transaction on an individual basis, only sending its information to the party that was working with the investor at the time that the transaction was created. As an Issuer, this will be indicated on the transaction level as the Selling EMD, with Selling Advisor data also attached.
An illustrative example is provided below:
Transaction | EMD working with the investor at time of transaction creation | EMD who will receive updates and reconciliations for this transaction |
Purchase | EMD X | EMD X |
Distribution 1 | EMD X | EMD X |
Distribution 2 | EMD X | EMD X |
Distribution 3 | EMD Y | EMD Y |
Distribution 4 | EMD Y | EMD Y |