The U.S. Securities and Exchange Commission (SEC) has issued new guidance regarding the verification process for accredited investors under Regulation D, specifically Rule 506(c). This rule, in effect since 2012, allows public fundraising and advertisement of private securities offerings, contingent upon issuers taking reasonable steps to verify that purchasers are accredited investors. The SEC's recent guidance aims to streamline the verification process, which is expected to facilitate compliance for issuers. Additionally, the SEC has extended the compliance period for the amended Names Rule and introduced a new rule regarding the delegation of authority to its Director. These developments reflect the SEC's ongoing efforts to modernize its regulatory framework and enhance efficiency in the securities market.