What you are describing are eligibility requirements for investors and such varies depending on what you are investing in.
Does it matter if I am an accredited investor under the Securities Act?
What you are describing are eligibility requirements for investors and such varies depending on what you are investing in.
There are no special rules.
There's a lot more compliance for offerings to non-accredited investors than there are for offerings solely to accredited investors. Generally, as a cost-benefit measure, syndicators will restrict offerings only to accredited investors to avoid extra compliance. Unaccredited investors can't really provide leverage unless you're crowdfunding.
Reg D 506(b) and 506(c) offerings are the most commonly used. A Reg CF offering could be done online. A Reg D 506(b) offering cannot generally solicit the public via advertising whereas a Reg D 506(c) offering can do so if it performs reasonable steps for verification of accredited investor statutes by the interested investor before the offering prospectus is released.
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