rule United States English original

SEC Rule 506(b) Private Placements

SEC guidance explaining Rule 506(b), a private-placement safe harbor under Securities Act Section 4(a)(2), including no general solicitation, accredited investors, sophisticated non-accredited investors, disclosure, restricted securities, Form D, and bad-actor disqualification.

Use It For

Use this as the U.S. comparator for Chinese non-public fundraising and qualified-investor rules.