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Get to know Independent Cities Finance Authority

The Independent Cities Finance Authority (ICFA) is a Joint Powers Authority formed in 1988 by the League of California Cities and the California State Association of Counties. Its mission is to assist local governments, non-profits, and private entities in financing public capital improvements and other projects that provide a tangible public benefit, a private good, and/or an appropriate blend of public/private benefits. ICFA acts as a conduit issuer, primarily using tax-exempt bonds to provide accessible and affordable financing for a wide variety of projects across California.

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Independent Cities Finance Authority

United States

Founded in

1988 (38 Years)

Founded

Last online: No recent activity

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Regulated

Recommended

IUX

(2,283 reviews)

Mauritius

2015

(10 years)

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ASIC

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This company is currently Unproved.

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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.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.