What is EFD?

EFD is an internet accessible application that allows issuers to submit Form D for Regulation D, Rule 506 offerings and pay related fees to participating state securities regulators.  EFD also provides a public-facing website allowing members of the public to search and view, free of charge, Form D filings made with state securities regulators via EFD.  (Form Ds not filed via EFD will generally not be available for search and view via EFD.)