According to FINRA, Flair Portal, LLC, a registered funding portal based in Vancouver, Canada, was expelled from FINRA in January 2026 for failure to provide information or keep information current as required under FINRA Rule 9552. The expulsion became effective January 27, 2026.Flair Portal was a registered funding portal—an entity authorized under FINRA rules to facilitate securities offerings under the crowdfunding provisions of the JOBS Act. Funding portals are subject to FINRA's regulatory oversight, including requirements to maintain current registration information and to respond to FINRA's requests for information. When a funding portal fails to meet these obligations, FINRA may initiate a summary suspension and expulsion process under Rule 9552.Expulsion is the most serious sanction FINRA can impose on a member organization. An expelled funding portal is no longer permitted to operate as a FINRA-registered entity and cannot facilitate securities offerings in that capacity. Investors who participated in crowdfunding offerings through Flair Portal should review their investment records and verify the status of any securities they purchased through the platform.The specific nature of Flair Portal's information failure is not detailed in the public disciplinary report. However, the failure to maintain current regulatory information and respond to FINRA's oversight requests is a fundamental compliance failure that undermines investor protection. Investors who used Flair Portal as a crowdfunding platform should contact FINRA for assistance and should be aware that crowdfunding investments made through expelled entities may present unique challenges in terms of liquidity, ongoing disclosures, and investor recourse. FINRA BrokerCheck and FINRA's funding portal registration database can be consulted for additional information.