LexisNexis® Legal Newsroom
Accredited Investor Verification under Rule 506(c)

Bill Carleton has a good post regarding the recent comments from Keith Higgins, the Director of the Division of Corporation Finance, who spoke at the 2014 Angel Capital Association Summit. Higgins discussed the SEC’s principles-based approach with respect to meeting the requirements of new Rule...

How to Verify That Your Investor Is Accredited

The SEC Provides New Explanations Regarding Rule 506(c) Offerings On July 3, 2014 (right on my birthday), the SEC issued six compliance and disclosure interpretations (“CD&Is”) regarding the use of verification methods for determining whether a prospective investor is accredited. ...