What are the guidelines for 506(b) and 506(c)?

506(b) Guidelines:

For 506(b) funds, you must not engage in any practice which might be viewed as “general solicitation” or “general advertising” of partnership interests in your fund.

506(c) Guidelines:

Unlike their 506(b) counterparts, 506(c) funds may engage in general solicitation. Most Rolling Funds are 506(c) funds.

As with any fund advertisements, it is crucial that these general solicitations are not misleading or inaccurate in any aspect.

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