Regulations last checked for updates: May 17, 2024

Title 17 - Commodity and Securities Exchanges last revised: May 01, 2024
§ 227.504 - Definition of “qualified purchaser”.

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).

[86 FR 3593, Jan. 14, 2021]
authority: 15 U.S.C. 77d,77d,77s,77z,78c,78o,78q,78w,78mm,and. L. 112-106, secs. 301-305, 126 Stat. 306 (2012)
source: 80 FR 71537, Nov. 16, 2015, unless otherwise noted.
cite as: 17 CFR 227.504