Proposed Rule Electronic Filing and Simplification of Form D

Instructions and help about Proposed Rule Electronic Filing And Simplification Of Form D

a part of the syndication or investment capital process is working with securities regulations or exemptions the most common exemption that we rely on it's called regulation d and there's a few different categories underneath it and part of the process is filing they call it form d with the scc and the various states the form d that's filed with the sec kind of summarizes high level the controls of promotions and the use of certain proceeds with the investment that has to be filed with the sec within 15 days of the first investor after that takes place you are generally required to file reg d notices the form regulation d notice with every state that an investor comes from within 15 days of the investment from that state now every state does have individual requirements some states such as florida don't require any filings other states require differing filing fees some as low as 100 and there's sometimes in particularly the state of new york that the cost of filing fees can be north o