New SEC no-action letter for verifying accredited investors under Rule 506(c)
Hi, thank you for this article. The SEC’s position seems to prioritize ease of capital formation over rigorous verification. Do you think this could lead to increased enforcement actions if bad actors exploit this streamlined process?
Hi, thank you for this article. The SEC’s position seems to prioritize ease of capital formation over rigorous verification. Do you think this could lead to increased enforcement actions if bad actors exploit this streamlined process?