United States

Regulation Crowdfunding guide for issuers


Regulation Crowdfunding prescribes rules governing the offer and sale of securities in crowdfunding transactions. The SEC recently released Regulation Crowdfunding: A Small Entity Compliance Guide for Issuers, which, among other topics, discusses:

  • Requirements for Regulation Crowdfunding, including maximum offering amounts, individual investor limits and eligibility
  • Issuer disclosure, including financial statement requirements
  • Limits on advertising and promoters
  • Restrictions on resales
  • Bad actor disqualification