Bad Actor Questionnaire: Regulation A Offering | Practical Law
A questionnaire for obtaining information from persons covered by the "bad actor" disqualification provision of Regulation A under the Securities Act. Rule 262 of Regulation A disqualifies a securities offering from relying on the exemption from registration provided by Regulation A if any covered person was involved in one of the specified disqualifying events. For these purposes, covered persons include the issuer, its directors, and certain officers and stockholders, underwriters, and any other compensated solicitors of investors. This Standard Document has integrated notes with important explanations and drafting tips.