Navigating the Recent Changes to Regulation D Rule 506 | Practical Law

Navigating the Recent Changes to Regulation D Rule 506 | Practical Law

A discussion of the safe harbor from the registration requirements of the Securities Act provided under Rule 506 of Regulation D. This Article focuses on the use of general solicitation under Rule 506(c) and the corresponding accredited investor verification requirements, as well as the new "bad actor" disqualification provisions under Rule 506(d). The Article examines evolving market practice under these provisions and offers practical tips for issuers, placement agents and their counsel.

Navigating the Recent Changes to Regulation D Rule 506

Practical Law Article 0-558-4167 (Approx. 12 pages)

Navigating the Recent Changes to Regulation D Rule 506

by Rebecca G. DiStefano and Bruce C. Rosetto, Greenberg Traurig, P.A., with Practical Law Corporate & Securities
Published on 25 Feb 2014USA (National/Federal)
A discussion of the safe harbor from the registration requirements of the Securities Act provided under Rule 506 of Regulation D. This Article focuses on the use of general solicitation under Rule 506(c) and the corresponding accredited investor verification requirements, as well as the new "bad actor" disqualification provisions under Rule 506(d). The Article examines evolving market practice under these provisions and offers practical tips for issuers, placement agents and their counsel.