Why do you need my Social Security Number and Date of Birth?

SSN and DOB verifications are important because bad actors often use stolen information to establish fake accounts to evade taxes and launder money. Cityfunds are Reg A offerings that are compliant with the Know Your Customer (KYC) and Anti-Money Laundering (AML) regulations which reduces fraud and costs to investors. In addition we are required by the IRS to keep tax records and provide investors with 1099-DIV or appropriate documents.