User Tools

Site Tools


reg_cf_exemptions

Differences

This shows you the differences between two versions of the page.

Link to this comparison view

Both sides previous revisionPrevious revision
Next revision
Previous revision
reg_cf_exemptions [2025/03/24 17:07] – [Edit diagram] adminreg_cf_exemptions [2026/02/10 16:23] (current) – Added structured metadata per Lexipedia BPMN Model Metadata Standard (Tier 1 required + select Tier 2/3/4 fields). Restructured page with Overview, Detailed Requirements, and BPMN Model sections. admin
Line 1: Line 1:
-[[https://www.wikidata.org/wiki/Q348303|Wikidata category]]+====== Regulation Crowdfunding (Reg CF) Exemptions ======
  
 +<code yaml metadata>
 +process_id: L-US-FED-SEC-001
 +title: Regulation Crowdfunding (Reg CF) Exemptions
 +description: >
 +  Detailed requirements and process for conducting a securities offering
 +  under Regulation Crowdfunding (Reg CF), including issuer eligibility,
 +  offering and investor limits, disclosure requirements, use of
 +  intermediaries, advertising restrictions, ongoing reporting, and
 +  resale restrictions.
 +category: financial-processes/securities
 +jurisdiction:
 +  country: US
 +  level: federal
 +  regulatory_body: SEC
 +source_authority:
 +  name: U.S. Securities and Exchange Commission
 +  url: https://www.sec.gov/education/smallbusiness/exemptofferings/regcrowdfunding
 +status: draft
 +version: 1.0.0
 +created_date: 2026-01-05
 +last_reviewed: 2026-01-05
 +contributors: ["@anson_parker"]
 +license: CC-BY-SA-4.0
 +process_type: branching
 +is_executable: false
 +complexity: complex
 +risk_level: high
 +confidence_level: guidance
 +soundness_verified: false
 +tags: ["securities", "crowdfunding", "reg-cf", "SEC", "federal", "fundraising", "startup-funding"]
 +</code>
  
-Detailed Reg CF Requirements +===== Overview ===== 
-============================+ 
 +Regulation Crowdfunding (Reg CF) allows eligible companies to offer and sell securities through crowdfunding. This model covers the complete requirements process under [[https://www.sec.gov/education/smallbusiness/exemptofferings/regcrowdfunding|SEC Regulation Crowdfunding]], from issuer eligibility through resale restrictions. 
 + 
 +See also: [[https://www.wikidata.org/wiki/Q348303|Wikidata: Crowdfunding]] 
 + 
 +===== Detailed Reg CF Requirements =====
  
 1.  Issuer Eligibility 1.  Issuer Eligibility
Line 66: Line 102:
         -   In connection with the death or divorce of the purchaser         -   In connection with the death or divorce of the purchaser
         -   Or as part of an offering registered with the SEC         -   Or as part of an offering registered with the SEC
 +
 +===== BPMN Model =====
  
 <bpmnio type="bpmn"> <bpmnio type="bpmn">
Line 179: Line 217:
       <bpmndi:BPMNShape id="task2_di" bpmnElement="task2">       <bpmndi:BPMNShape id="task2_di" bpmnElement="task2">
         <dc:Bounds x="325" y="270" width="100" height="80" />         <dc:Bounds x="325" y="270" width="100" height="80" />
 +      </bpmndi:BPMNShape>
 +      <bpmndi:BPMNShape id="task3_di" bpmnElement="task3">
 +        <dc:Bounds x="470" y="270" width="100" height="80" />
       </bpmndi:BPMNShape>       </bpmndi:BPMNShape>
       <bpmndi:BPMNShape id="task4_di" bpmnElement="task4">       <bpmndi:BPMNShape id="task4_di" bpmnElement="task4">
         <dc:Bounds x="625" y="270" width="100" height="80" />         <dc:Bounds x="625" y="270" width="100" height="80" />
-      </bpmndi:BPMNShape> 
-      <bpmndi:BPMNShape id="task5_di" bpmnElement="task5"> 
-        <dc:Bounds x="775" y="370" width="100" height="80" /> 
       </bpmndi:BPMNShape>       </bpmndi:BPMNShape>
       <bpmndi:BPMNShape id="task6_di" bpmnElement="task6">       <bpmndi:BPMNShape id="task6_di" bpmnElement="task6">
Line 195: Line 233:
         <dc:Bounds x="1257" y="292" width="36" height="36" />         <dc:Bounds x="1257" y="292" width="36" height="36" />
       </bpmndi:BPMNShape>       </bpmndi:BPMNShape>
-      <bpmndi:BPMNShape id="task3_di" bpmnElement="task3"> +      <bpmndi:BPMNShape id="task5_di" bpmnElement="task5"> 
-        <dc:Bounds x="470" y="260" width="100" height="80" />+        <dc:Bounds x="790" y="270" width="100" height="80" />
       </bpmndi:BPMNShape>       </bpmndi:BPMNShape>
       <bpmndi:BPMNEdge id="start-eligibilityCheck_di" bpmnElement="start-eligibilityCheck">       <bpmndi:BPMNEdge id="start-eligibilityCheck_di" bpmnElement="start-eligibilityCheck">
Line 242: Line 280:
       <bpmndi:BPMNEdge id="task2-task3_di" bpmnElement="task2-task3">       <bpmndi:BPMNEdge id="task2-task3_di" bpmnElement="task2-task3">
         <di:waypoint x="425" y="310" />         <di:waypoint x="425" y="310" />
-        <di:waypoint x="450" y="310" /> +        <di:waypoint x="470" y="310" />
-        <di:waypoint x="450" y="300" /> +
-        <di:waypoint x="470" y="300" />+
       </bpmndi:BPMNEdge>       </bpmndi:BPMNEdge>
       <bpmndi:BPMNEdge id="task3-task4_di" bpmnElement="task3-task4">       <bpmndi:BPMNEdge id="task3-task4_di" bpmnElement="task3-task4">
-        <di:waypoint x="570" y="300" /> +        <di:waypoint x="570" y="310" />
-        <di:waypoint x="600" y="300" /> +
-        <di:waypoint x="600" y="310" />+
         <di:waypoint x="625" y="310" />         <di:waypoint x="625" y="310" />
       </bpmndi:BPMNEdge>       </bpmndi:BPMNEdge>
       <bpmndi:BPMNEdge id="task4-task5_di" bpmnElement="task4-task5">       <bpmndi:BPMNEdge id="task4-task5_di" bpmnElement="task4-task5">
         <di:waypoint x="725" y="310" />         <di:waypoint x="725" y="310" />
-        <di:waypoint x="750" y="310" /> +        <di:waypoint x="790" y="310" />
-        <di:waypoint x="750" y="410" /> +
-        <di:waypoint x="775" y="410" />+
       </bpmndi:BPMNEdge>       </bpmndi:BPMNEdge>
       <bpmndi:BPMNEdge id="task5-task6_di" bpmnElement="task5-task6">       <bpmndi:BPMNEdge id="task5-task6_di" bpmnElement="task5-task6">
-        <di:waypoint x="875" y="410" /> +        <di:waypoint x="890" y="310" />
-        <di:waypoint x="900" y="410" /> +
-        <di:waypoint x="900" y="310" />+
         <di:waypoint x="925" y="310" />         <di:waypoint x="925" y="310" />
       </bpmndi:BPMNEdge>       </bpmndi:BPMNEdge>
reg_cf_exemptions.1742836030.txt.gz · Last modified: (external edit)