Definition
Reg D 506(c)
An SEC private placement exemption that permits general solicitation but requires verified accredited investors only.
Rule 506(c) of Regulation D permits issuers to publicly market a private offering — through websites, social media, or pitch events — but limits investors to verified accredited investors only. Verification must be from a third party (CPA, attorney, broker-dealer, or registered investment adviser) or by independent review of income/net worth documentation. Sponsors running publicly listed SPV deal pages, demo days, or LinkedIn promotion typically use 506(c) for that reason.