Why are there accredited investors

By Rick Colosimo / July 1, 2017 /

I’ve been meaning to write a post about accredited investors for some time now, and a random Quora question just got most of my fury. Here’s the steak: Actually, the Securities Act of 1933 (LII link)) regulated public offerings. The definition of accredited investor appears in Rule 501 of Reg D (LII link), which is…

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How can I pitch without a general solicitation?

By Rick Colosimo / March 7, 2014 /

The redacted email below was sent to the Cornell NYC/ tri-state community – thousands of people. Conveniently, it’s not automatically a securities law violation any more, but this is definitely how to be sure you’ve fallen under the new general solicitation rules, which require a company to take “reasonable steps” to verify that each investor…

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