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Tag: SIFMA

Guidance on Accredited Investor Verification

Doug Cornelius July 1, 2014November 9, 2017 Private Investment Funds   [+]

The Securities and Exchange Commission revised the private placement rules last year to permit public private-placements. Of course it took some prodding from Congress in the JOBS Act to get that change. The law and the new regulation require the issuer to take “reasonable steps” to determine that the investor is an “accredited investor.” The … Read more »

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