Rule 504 of Regulation D allows companies to raise up to $10M of capital from accredited investors. The primary SEC-regulated rules for this type of investment offering are:
1. In most cases, issuers are NOT allowed to advertise the offering to the general public.
2. Securities must be sold to accredited investors only.
3. Issuers can raise a maximum of $10M of capital in a 12 month period.
4. Issuers are required to file a notice with the SEC using Form D within 15 days after the first sales of securities in the offering.
View Full Answer Page: What is Rule 506(c)?