Exempt Offerings

Can My Company Legally Offer And Sell Securities Without Registering With The SEC?

We explain the exemptions from registration that are most frequently asked about.

• Private placements – Rule 506(b)
• General solicitation – Rule 506(c) 
• Limited offerings – Rule 504 
• Filing a Form D notice
• Regulation Crowdfunding
• Regulation A
• Intrastate offerings
• Employee benefit plans

What Exemptions Reflect The Changes Included In The Jobs Act?

General solicitation — Rule 506(c)

Rule 506(c) permits the use of general solicitation where all purchasers are accredited investors and the issuer takes reasonable steps to verify that the purchasers are accredited investors. Read More

Regulation Crowdfunding

Regulation Crowdfunding enables certain companies to offer and sell securities on an internet based platform through an intermediary that is a registered broker-dealer or registered funding portal. Read More

Regulation A

Regulation A is an exemption from registration for public offerings, although offerings made pursuant to this exemption share many characteristics with registered offerings. Read More