Actionable intelligence on Regulation D and the regulatory perimeter of private placements
Ohio operates one of the most institutionally influential state securities regulators in the country. Commissioner Andrea Seidt of the Ohio Division of Securities serves as Vice Chair of the Securities and Exchange Commission’s Investor Advisory Committee—a federal advisory role that gives Ohio’s regulatory posture outsized influence on national securities policy. Among the thirteen state editions in this publication’s series, only Ohio’s Commissioner currently holds a formal seat on a federal-level advisory committee with policy reach beyond the state’s borders. The institutional posture is consequential for Reg D practice: positions taken by the Ohio Division on questions of interpretation, enforcement priority, or regulatory design carry weight beyond Ohio that practitioners should not discount.
