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17 CFR 230.256

§ 230.256 Definition of “qualified purchaser”.

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

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17 CFR 230.256, § 230.256 Definition of “qualified purchaser”, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/68640
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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 a Tier 2 offering of this Regulation A.

Legislative history

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