Posts tagged as:

reg d

Interpretive Release on Regulation D

April 28, 2009

There are occasionally times when questions arise as to the meaning of certain undefined terms within statutes or regulations.  Practitioners have a variety of different resources which can help shed light onto these undefined terms or at least provide background information or context.  Below is the SEC’s Interpretive Release on the Regulation D rules.  Please [...]

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Overview of Regulation D for Hedge Funds

October 15, 2008

Interests in hedge funds are securities which mean that hedge fund managers must follow the federal (and state) laws regarding the sale of securities to investors.  Typically securities will need to be registered under the Securities Act of 1933 unless there is an exemption from the registration provisions.
There are two main exemptions from the registration [...]

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What is an accredited investor? Accredited investor definition

September 17, 2008

Hedge fund managers can only admit certain investors into their hedge funds.  Most hedge funds are structured as private placements relying on the Regulation D 506 offering rules.  Under the Reg D rules, investors must generally be “accredited investors.”  Many hedge funds have additional requirements.
With regard to individual investors, the most common of the below [...]

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