Rule 504 and Rule 506 of Regulation D Basic Components Checklist

Summary

Note: On November 2, 2020, the SEC adopted amendments to the exempt offering framework under the Securities Act, including Rules 504 and 506 under Regulation D (November 2020 Amendments). The amendments generally became effective on March 15, 2021 and are reflected in this checklist. For more information, see SEC Updates Offering Exemption Framework and Amendments to the Exempt Offering Framework: Client Alert Digest. For more information on private placements, see Private Placements Resource Kit.