View all text of Subpart E [§ 227.501 - § 227.504]
§ 227.504 - Definition of “qualified purchaser”.
For purposes of section 18(b)(3) of the Securities Act [15 U.S.C. 77r(b)(3)], a “qualified purchaser” means any person to whom securities are offered or sold pursuant to an offering under §§ 227.100 through 227.504 (Regulation Crowdfunding).