FELICIA NG

ASSOCIATE

Felicia Ng advises on the formation, structuring and operation of private investment funds, including hedge funds and private equity funds. Felicia counsels clients on a variety of issues related to investment management, securities laws, employment and compensation, as well as other general corporate matters, including regulatory filings and compliance issues.

Practices

Education

University of Melbourne, (LL.M., 2021)

National University of Singapore (LL.B., 2021)

Bar Admissions

New York
Singapore (Registered as Foreign Lawyer)

Insights

General Solicitation at a Lower Cost: SEC No-Action Letter Eases Accredited Investor Verification for Rule 506(c)

March 25, 2025

On March 12, 2025, the Division of Corporation Finance of the U.S. Securities and Exchange Commission (“SEC”) issued a no-action letter (the “No-Action Letter”) which clarifies that issuers may generally rely on certain minimum investment levels — principally $200,000 for natural persons and $1 million for legal entities — and related investor representations to verify…