NASDAQ Private Markets and Morrison & Foerster recently described the process for verifying the status of investors when a company chooses to use general solicitation to conduct a Rule 506(c) offering. In this video blog, Anna Pinedo reviews the SEC Staff's principles-based guidelines for verification of an accredited investor and also non-exclusive methods for verification.
To watch this video, visit the NASDAQ Private Markets Resource Center.
Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.
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