New rules would expand the definition of “accredited investors"
| August 28, 2007 |
Earlier this month, the Securities and Exchange Commission proposed long-anticipated, new regulations in defining the requirements of an “Accredited Investor” for purposes of Regulation D (or Reg D) offerings.
If you recall, Reg D refers to certain alternative safe harbor rules promulgated by the SEC that enable a company to sell its securities without registering them. The overwhelming majority of private offerings fall under (or should fall under) one or more rule exemptions under Reg D.
Matt Storms
Full Story: http://wistechnology.com/article.php?id=4137
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