Reg A (Regulation A or Title IV of the JOBS Act or Reg A+)
An exemption from registration for public offerings. Regulation A provides two offering tiers: Tier 1, for offerings of up to $20 million in a 12-month
SPV Dictionary
This Special Purpose Vehicle (SPV) Dictionary serves as a comprehensive resource for understanding the terminology associated with these financial instruments. SPVs, by their nature, can involve a complex interplay of legal, accounting, banking, tax, compliance, and administrative considerations. This dictionary aims to provide clear and concise definitions for the key terms encountered in the context of SPVs.
Reg CF (Regulation Crowdfunding or Title III of the Jobs Act)
Regulation Crowdfunding (CF) provides an exemption from the registration requirements for securities-based crowdfunding allowing companies to offer and sell up to $5 million of their
Registered Agent
Also known as a resident agent or statutory agent, a registered agent is a business or individual designated to receive service of process when a
Regular LLC/LP (Traditional LLC/LP)
Before the Master Series LLC/LP structure was codified there was only LLC or LP. Now, because the Master Series structure can cause confusion, we need
Regulation D (Reg D)
Regulation D is the primary SEC exemption that allows SPVs to raise capital from investors without registering their securities with the SEC, provided they meet
Responsible Party
This term can be found in various IRS tax forms to apply for the person who will control the entity and its assets; typically the