In a March 12, 2025 no-action letter, the SEC staff provided commonsense guidance relating to verification of accredited investor status under ...

But now, exempt offerings with general solicitation will be much easier using the verification steps in the Latham letter. That provides a meaningful fix in a number of common situations.

Commercial activities are not permitted unless the vendor has obtained a University Sales and Solicitation Permit. Commercial solicitation is not permitted in the residence halls. Students may not ...