# Rule 506(c)

> Rule 506(c) — The private placement that allows general solicitation — posting the round publicly — on condition that every purchaser is accredited and the issuer takes reasonable steps to verify it.

Source: https://lopifi.com/glossary/rule-506-c
Part of: Lopifi — US GAAP books on autopilot, checked by a CPA (https://lopifi.com)

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**What is rule 506(c)?** In accounting, rule 506(c) means the private placement that allows general solicitation — posting the round publicly — on condition that every purchaser is accredited and the issuer takes reasonable steps to verify it.

## Words this system refuses for it

- Rule 506(b)
- crowdfunding

- **Category:** Equity & financing
- **Specified in:** [Lexicon](https://lopifi.com/md/docs/domain/11-lexicon)
- **Related:** posting