JD Supra

SEC No-Action Letter Streamlines Verification Steps for Rule 506(c) Offerings with Sufficiently Large Minimum Investments

A March 12 no-action letter by the U.S. Securities and Exchange Commission (SEC) confirms an interpretation of Rule 506(c) that issuers can satisfy the requirement to take reasonable steps to ...
JD Supra

SEC No Action Letter Guidance Streamlines Rule 506(c) Accredited Investor Verification

On March 12, the US Securities and Exchange Commission (SEC), via a No Action Letter, issued interpretive guidance clarifying what constitutes “reasonable steps” issuers can take to verify purchasers’ ...
Forbes

How Dynamic Friction Can Help Ensure Seamless Customer Experiences

Businesses today face mounting pressure to deliver frictionless customer experiences while maintaining robust fraud prevention and security measures. Traditional verification methods often force ...
Law

SEC Eases Investor Verification, Boosts Private Capital Fundraising, Lawyers Say

SEC Eases Investor Verification, Boosts Private Capital Fundraising, Lawyers Say The guidance deals with Rule 506 (c) under Regulation D, which since 2012 has permitted public fundraising and ...
Hosted on MSN

Using your credit card at checkout is about to get more complex

The process of using a credit card at checkout is about to become more complicated, as detailed in a recent report. New payment technologies and regulatory changes are set to introduce additional ...