Jeff VonDruska

3 weeks ago | jdsupra.com | Jeff VonDruska |Adam Goldman |Joseph Mannon |Laure Sguario

On March 12, 2025, the staff of the Securities and Exchange Commission (“SEC”) issued no-action guidance providing that certain minimum investment amounts, along with certain written representations from the purchaser, could constitute “reasonable steps” to verify a purchaser’s accredited investor status in an offering conducted under Rule 506(c) of Regulation D.