Raising the Bar: Private Placement Offering Subscriber Due Diligence Standards

Acknowledgement of the resulting risks requires the sponsor, B-D and/or RIA to conduct pre-investment interviews to provide affirmative evidence the subscriber has read the offering memorandum, understands the due diligence process and results that were provided, understands the nature of the risks involved, has decided the potential economic returns justify their investment of at-risk capital in spite of the risks involved, and has received satisfactory answers to all requests for information and questions the subscriber has had prior to making a final decision regarding the subscriber’s desire to invest money. … More Raising the Bar: Private Placement Offering Subscriber Due Diligence Standards