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Notes

§227.504. Definition of “qualified purchaser”.

17 C.F.R. § 227.504

For purposes of section 18(b)(3) of the Securities Act [15 U.S.C. 77r(b)(3)], a “qualified purchaser” means any person to whom securities are offered or sold pursuant to an offering under §§ 227.100 through 227.504 (Regulation Crowdfunding).
Notes, amendments, and revision history

Amendments

[86 FR 3593, Jan. 14, 2021]

Authority

Authority: 15 U.S.C. 77d, 77d-1, 77s, 77z-3, 78c, 78o, 78q, 78w, 78mm, and Pub. L. 112-106, secs. 301-305, 126 Stat. 306 (2012).

Source

Source: 80 FR 71537, Nov. 16, 2015, unless otherwise noted.

Amendments

[86 FR 3593, Jan. 14, 2021]