What is required when filing a Rule 506 filing in Mississippi?
A copy of the Form D filed with the SEC.
A separate U-2 is not required. We accept the consent to service of process that is incorporated into the electronic form.
A filing fee of $300.00.
The filing must be made through the Electronic Filing Depository (EFD)
Is there a late filing fee for Rule 506 filings not made within 15 days of the first sale in Mississippi?
Yes, the late filing fee is one percent of the sale in Mississippi up to a maximum of $5,000. See Mississippi Code Ann. § 75-71-310(b)
What is required after the initial filing?
A renewal is required if the offering exceeds the 12 month effective. A termination is required within 60 days of completion of the offering. See Mississippi Securities Act Rule 2.29.
Do I need to amend the Form D annually?
An annual amendment is required by the SEC. If you file an amendment with the SEC, you should file one with our office through EFD.