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--- reg_cf_exemptions [2025/03/24 17:07] – [Edit diagram] admin
+++ reg_cf_exemptions [2026/06/19 23:28] (current) – admin
@@ Line 1: / Line 1: @@
-[[https://www.wikidata.org/wiki/Q348303|Wikidata category]]
+====== Regulation Crowdfunding (Reg CF) Exemptions ======
-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 =====
 .  Issuer Eligibility
@@ Line 66: / Line 71: @@
         -   In connection with the death or divorce of the purchaser
         -   Or as part of an offering registered with the SEC
+===== BPMN Model =====
 <bpmnio type="bpmn">
@@ Line 179: / Line 186: @@
       <bpmndi:BPMNShape id="task2_di" bpmnElement="task2">
         <dc:Bounds x="325" y="270" width="100" height="80" />
+      </bpmndi:BPMNShape>
+      <bpmndi:BPMNShape id="task3_di" bpmnElement="task3">
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       </bpmndi:BPMNShape>
       <bpmndi:BPMNShape id="task4_di" bpmnElement="task4">
         <dc:Bounds x="625" y="270" width="100" height="80" />
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-      <bpmndi:BPMNShape id="task5_di" bpmnElement="task5">
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       </bpmndi:BPMNShape>
       <bpmndi:BPMNShape id="task6_di" bpmnElement="task6">
@@ Line 195: / Line 202: @@
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       </bpmndi:BPMNShape>
-      <bpmndi:BPMNShape id="task3_di" bpmnElement="task3">
+      <bpmndi:BPMNShape id="task5_di" bpmnElement="task5">
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+        <dc:Bounds x="790" y="270" width="100" height="80" />
       </bpmndi:BPMNShape>
       <bpmndi:BPMNEdge id="start-eligibilityCheck_di" bpmnElement="start-eligibilityCheck">
@@ Line 242: / Line 249: @@
       <bpmndi:BPMNEdge id="task2-task3_di" bpmnElement="task2-task3">
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+        <di:waypoint x="470" y="310" />
-        <di:waypoint x="450" y="300" />
-        <di:waypoint x="470" y="300" />
       </bpmndi:BPMNEdge>
       <bpmndi:BPMNEdge id="task3-task4_di" bpmnElement="task3-task4">
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+        <di:waypoint x="570" y="310" />
-        <di:waypoint x="600" y="300" />
-        <di:waypoint x="600" y="310" />
         <di:waypoint x="625" y="310" />
       </bpmndi:BPMNEdge>
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-        <di:waypoint x="775" y="410" />
       </bpmndi:BPMNEdge>
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         <di:waypoint x="925" y="310" />
       </bpmndi:BPMNEdge>