b'Chapter 25Soliciting Investors for a Rule 506(b) Offering What is Considered General Solicitation or Advertising? Rule506(b),asyourecallfromChapter8,containsanabsolute prohibition on general solicitation or advertising, both of which are broadly defined.Theprohibitionprecludesgeneralannouncementsregardingan offering using the Regulation D, Rule 506(b) exemption in any group setting wheretheassetmanagerhasnotalreadyestablishedasubstantivepre-existingrelationshipwitheachpersonreceivingthesolicitationor announcement. Examplesofimpropersolicitation includeprovidingdetailsabouta specific offering or property such as:Announcements in front of a real estate investment club or during a teleconference with multiple participants;Posts on an electronic or physical bulletin board, social media forum, blog, search-engine optimized website, or other electronic forum;Mailings to lists of accredited investors obtained from list brokers; Email blasts that include recipients whom you have not specifically pre-vetted;Seminars whose sole function is to talk about a specific offering or past deals by a syndicator or fund manager. 233'