Cody Vitello

Cody Vitello

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SEC Staff No-Action Letter Allows Issuers to Rely on High Minimum Investment Amounts to Verify Purchasers in Rule 506(c) Offerings

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...more

4/3/2025  /  Accredited Investors , Investment Funds , Investors , New Guidance , No-Action Letters , Private Funds , Regulatory Requirements , Securities and Exchange Commission (SEC) , Securities Regulation
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