In the United States, Regulation Crowdfunding (often referred to as “Reg CF”) enables eligible companies to offer and sell securities through crowdfunding. The rules: require all Reg CF transaction to take place online through an SEC-registered intermediary, either a broker-dealer
What is Regulation A (Reg A)?
Regulation A (aka – “Reg A” or “Reg A+”) is an exemption from registration under the Securities Act of 1933 for public securities offerings of up to $75 million annually. It is often referred to as a type of crowdfunding
What is a Rule 504 offering?
Rule 504 of Regulation D is an exemption from registration under the Securities Act of 1933 for the offer and sale of up to $10 million of securities in a 12-month period. A company conducting a Rule 504 offering is
What is a private placement?
A private placement generally refers to a company’s private (non-public) placement (offer and sale) of securities to a relatively small number of investors with whom the company has a preexisting, substantive relationship in order to raise capital to fund or
What is a Rule 506(c) offering?
Rule 506(c) is an exemption from registration under the Securities Act of 1933 for the offer and sale of securities. It is a relatively new rule in the US and was adopted by the SEC in 2013 on the back