Loanio Enters Quiet Period

by Andy Hough on November 26, 2008

I just received an email that they are entering a quiet period.  They are following the trend set by Prosper and Lending Club of opening for business and then entering a quiet period.  Can’t they get this regulatory stuff done before opening for business?  I wasn’t planning on putting any more money into peer-to-peer loans for a while and now I definitely won’t be.

Get more details about the quiet period at the Loanio website.

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