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Business, 31.07.2020 19:01 arletsolis23p2cjls
all purchasers of the Rule 506(c) securities must be accredited investors as defined in Rule 501, whereas Rule 506(b) permits a limited number of sophisticated but not accredited investors B) general solicitation is permitted under Rule 506(c) offerings; no advertising is permitted under Rule 506(b) C) the issuer must take "reasonable steps" to verify that all purchasers are accredited investors in a 506(c) offering, while no such obligation falls upon issuers in a 506(b) offering D) securities issued under Rule 506(c) are federal covered, while those under Rule 506(b) are not
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