By requiring all investors to be accredited you are exempt from the long registration process with SEC. The law in question is "Rule 506(c) of Regulation D", se

By requiring all investors to be accredited you are exempt from the long registration process with SEC. The law in question is "Rule 506(c) of Regulation D", see: https://www.sec.gov/fast-answers/answers-rule506htm.html https://www.sec.gov/fast-answers/answers-rule506htm.html