17 CFR 227.504

§ 227.504 Definition of “qualified purchaser”.

United States · 17 CFR — Commodity and Securities Exchanges · Status: effective

Cite this

Citation: 17 CFR 227.504, § 227.504 Definition of “qualified purchaser”, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/68400
Permanent ID: ys:prov:68400@1
SHA-256: e2823ac102c7cf2e249bad399f77fe91cfcf58a6fb87138de32c2e76428b42d1

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Full text

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).

Legislative history

This is a federal regulation, adopted through agency rulemaking under the Administrative Procedure Act — not enacted by a recorded vote of Congress.