Frequently Asked Questions

"Regulation D" is a United States Federal program created under the Securities Act of 1933, indoctrinated in 1982, that allows companies the ability to raise capital through the sale of equity or debt securities (private or public stock shares) without registering the securities with Federal or State governmental agencies. [learn more]

A PPM (private placement memorandum) is the document used to sell securities (stock shares or promissory notes) in a Regulation D Offering. The PPM discloses all the risks of the investment and details the company's business plan, management team and other vital information an investor needs to make an informed decision. [learn more]

Any kind of business qualifies for Reg D. Start ups, Mom & Pop Shops, Franchises, Any Private Business and/or Publicly Traded Company.

The following items can be considered securities: any percentage of ownership sold to another person or entity; stock shares, promissory notes, memberships (such as in an LLC or Partnership), real estate, debentures, options and warrants.

Generally you will need a Business Plan, Financial Statement, Management Bios, Stock Records and a general knowledge of Regulation D (which you can get right here on our website or at www.sec.gov).

As of March 16, 2009 all filings with regard to Form D must be done electronically through the SEC's Edgar service. To file you must first be given a CIK (username) and password. You can obtain these items from the SEC. EDGAR. Or you can have PPM Fast take care of your filing so you can focus on the more important tasks of raising capital and running your business. [learn more]

As a general rule we recommend you use Rule 506 regardless of the size of your offering. Rule 506 is accepted in EVERY state while Rule 504 is not. To determine which Regulation D Rule is right for your offering we recommend you review our Regulation D Basics page [click here].

Yes, but all our PPM's come standard with all 50 NASAA state legends plus the District of Columbia. If you plan to sell your securities outside the United States you will need to include a general Foreign Legend.  To purchase legends without buying a PPM or to purchase a general Foreign Legend [click here]!

Yes, but you should provide investors with as much information as possible. Our templates provide the typical items listed in an executive summary and also include all the general disclosures you'll need to comply with Regulation D.

Visit or Blue Sky Laws page to lean more about state filing requirements and for a link to the NASAA State regulators page. [learn more]

No, but we always recommend having an attorney complete a final review before sending out to investors. If you don't use an attorney and an investor files suit against you, you run the risk of having to return all the investment monies, fines and possible bans from doing Reg D Offerings in the future.

There are many different ways you can find investors so visit our Finding Investors page to [learn more].

According to the SEC: the date of first sale is the date on which the first investor is irrevocably contractually committed to invest. If the due date falls on a Saturday, Sunday or holiday, it is moved to the next business day.