From www.investmentlawwatch.com: (US context) On March 12, 2025, the SEC staff issued a no-action letter regarding offerings under Rule 506(c) of Regulation D, confirming that issuers can verify accredited investor status by requiring minimum investment amounts.

Purchasers must provide written representations about their accreditation and ensure their investment is not financed by third parties, with minimum investment thresholds set at $200,000 for individuals and $1,000,000 for legal entities.

Issuers must also have no knowledge indicating that any purchaser is unaccredited or that their investment is improperly financed.