# 17 C.F.R. § 230.256 (2026): Definition of “qualified purchaser”

> Federal · Regulations · In force

URL: https://www.frixlaw.com/law-library/statutes/CFR_T17_P230_S230_256

## Section

- **Citation:** 17 C.F.R. § 230.256 (2026)
- **Heading:** Definition of “qualified purchaser”
- **Jurisdiction:** Federal
- **Kind:** Regulations
- **Status:** In force
- **Text as of:** August 14, 2026
- **Source:** Compiled text
- **Location:** Title 17 CFR: Commodity and Securities Exchanges / Chapter II: SECURITIES AND EXCHANGE COMMISSION / Part 230: GENERAL RULES AND REGULATIONS, SECURITIES ACT OF 1933 / § 230.256: § 230.256   Definition of “qualified purchaser”.

## Text

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 a Tier 2 offering of this Regulation A.
[80 FR 21895, Apr. 20, 2015]

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Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/CFR_T17_P230_S230_256. Check the current official text before relying on it. Not legal advice.