Comprehensive definition and analysis of 3(c)(7), focusing on the regulation that imposes no limit on the number of investors but restricts them to qualified purchasers.
A Qualified Purchaser under U.S. securities law includes individuals with $5 million in investments and entities with $25 million in investments, representing a higher threshold category than an accredited investor.
An in-depth look at the 3(c)(7) exemption, part of the Investment Company Act of 1940, which allows private funds to bypass certain SEC regulations. Ideal for understanding the nuances and applications of this regulatory relief.
An in-depth exploration of 3C1 funds, their exemption from SEC registration under the Investment Company Act of 1940, types, special considerations, examples, historical context, and applicability.
