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A securities law exemption that allows companies to raise capital from the public — including non-accredited investors — with reduced regulatory requirements compared to a full SEC registration. Regulation A includes two tiers: Tier 1, permitting raises of up to $20 million in a 12-month period, and Tier 2, permitting raises of up to $75 million. Tokenized real estate offerings using Regulation A must comply with all applicable SEC and state filing requirements and, under Tier 2, are subject to ongoing reporting obligations. Regulation A tokenized offerings are notable because they can be marketed to non-accredited investors, significantly broadening the potential investor base compared to Regulation D offerings.