Rule 506(b) of Regulation D, which has been in effect for many years (referred to formally as Rule 506), enables private Issuers to offer an unlimited amount of securities so long as no more than 35 non-Accredited Investors participate in the offering. See “Regulation D, Rule 506(b) Private Placements” for more information. Pertains to Issuers and Investors.
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by bsmith@carofin.com | Mar 8, 2019