ONTOLOGY EXPLORER
SEC Exemption 3(c)(7)
<https://spec.edmcouncil.org/fibo/ontology/SEC/Securities/NorthAmericanSecurities/USSecuritiesRestrictions/SECExemption3c7>
プロパティと値
| プロパティ | 値 |
|---|---|
| type | NamedIndividual |
| type | SecuritiesRegulation |
| label | "SEC Exemption 3(c)(7)" |
| definition | "securities regulation that is a provision under the Investment Company Act of 1940 that allows certain privately offered funds to operate without registering with the SEC" |
| adaptedFrom | "https://www.sec.gov/divisions/investment/guidance/private-fund-adviser-resources" |
| explanatoryNote | "Funds that meet the requirements of exemption 3(c)(7) are not required to register with the SEC or provide ongoing disclosure. They are also exempt from issuing a prospectus that would outline investment positions. To qualify for the exemption, a private investment company must demonstrate that it has no plans of making an initial public offering (IPO), and its investors must be qualified purchasers. Qualified purchasers include individuals or family-owned businesses with at least $5 million in investments, trusts managed by qualified purchasers, and entities solely owned by qualified purchasers." |
| isApplicableIn | UnitedStatesJurisdiction |
この項目への参照
このグラフ内での参照はありません。