State-by-State Rule 506 Offering Notice Filing Requirements Chart

Summary

Issuers conducting an offering of a Covered Security pursuant to Rule 506 (17 C.F.R. § 230.506) are not required to register the offered securities with state regulators. However, state blue sky rules require the issuer, in almost all cases, to provide each state in which the securities will be offered with notice of the offering in the form of a notice filing. For more information on the application of Blue Sky laws to different types of offerings, see Blue Sky Laws Application to Offerings after NSMIA. This chart presents an overview of state notice filing requirements when conducting a Rule 506 offering.