Regulation D
The SEC exemption most private offerings rely on. Rule 506(b) bars general solicitation; Rule 506(c) allows it if every investor is verified as accredited.
Nashional Investments · Updated October 2026
Educational definition only, not investment, tax or legal advice.
In practice
Private investments trade daily liquidity for access to strategies that public markets do not offer, and most are limited to accredited investors. The term Regulation D is one of the concepts we explain when reviewing a private credit, private equity or interval fund, along with fees, lockups and how much of a portfolio belongs in investments you cannot easily sell.
Common questions.
What does the term Regulation D mean?
Why does Regulation D matter for investors?
See how this fits into a real plan on our Private markets page.
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