Regulation D (Reg D)

Regulation D is the primary SEC exemption that allows SPVs to raise capital from investors without registering their securities with the SEC, provided they meet

The CCC is a confidential SEC authentication code used to authorize filings in the EDGAR system. While the CIK serves as the public identifier, the

A Central Index Key (CIK) is the unique identifier assigned by the SEC to an entity— including SPVs— when a Form ID is approved in

EDGAR is the U.S. Securities and Exchange Commission’s online system for submitting and publicly accessing required filings. For SPVs, EDGAR is where organizers file a

The U.S. regulator that oversees SPVs only when they engage in securities activities. The SEC governs how SPVs raise capital, whether offerings must be registered

The U.S. regulator that oversees SPVs only when they engage in securities activities. The SEC governs how SPVs raise capital, whether offerings must be registered

This Special Purpose Vehicle (SPV) Dictionary serves as a comprehensive resource for understanding the terminology associated with these financial instruments. SPVs, by their nature, can