Bach to Business

Our award-winning blog draws from Elizabeth Whitman’s background in and passion for classical music to illustrate creative solutions for complex legal challenges for businesses and real estate investors.

Posts tagged knowledgeable employee

Issuers Need to Prepare Before Allowing Investments Under the New Accredited Investor Definition

Issuers should modify offering materials and forms and develop new policies before selling securities to new categories of accredited investors.

Securities LawElizabeth WhitmanNovember 30, 2020506(b), accredited investor, knowledgeable employee, spousal equivalent, private placement

SEC Adds Knowledgeable Issuer Employees to List of Accredited Investors in Private Placements

Starting in December individuals may be accredited based upon their credentials, and issuer employees may be accredited based upon their "knowledge." However, there is no bright-line test to determine which employees are sufficiently knowledgeable to be accredited investors.

Real Estate Investments, Securities LawElizabeth WhitmanOctober 18, 2020securities regulation, securities law, accredited investor, reg d, regulation d, private placement, knowledgeable employee, tom hess, rhapsody of fire