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Andrey Babenkov

As seen in: JD Supra
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SEC Provides Updated Guidance Reducing Burden for Rule 506(c) Verification Requirement | JD Supra

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By Yousuf Dhamee, Andrey Babenkov, Chris Centrich
| JD Supra
On March 12, 2025, the Staff of the SEC Division of Corporation Finance (the Staff) provided guidance in response to a letter requesting interpretive guidance (the No-Action Letter) to clarify the verification requirement of Rule 506(c) of Regulation D. In addition, on the same day, the Staff published two new Compliance and Disclosure Interpretations (C&DIs) related to questions surrounding the verification requirement of Rule 506(c).
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