This information is needed for us to comply with SEC and state securities regulations. We ask the following questions to determine if the amount you may invest is limited by law. Are you an “accredited” investor (meaning do you earn over $200,000 per year, have a net worth of $1m or more, or are an institutional investor)?
The SEC requires that all investors in 506(c) offerings be verified as to their accredited investor status. SEC 17 CFR Parts 230, 239 and 242— Section 3. A, B & C (starting on page 26). The Issuer or selected service will reach out to confirm your accreditation status. Per SEC Regulations you will not be able to finalize your investment if you do not complete this accredited investor process.