Changes to 'Accredited Investor' Definition: New Opportunities for Citizens
This act expands the group of individuals who can be considered 'accredited investors,' opening doors to investing in certain types of ventures. This means more people with relevant financial certifications or qualifications will be able to participate in investments previously only available to high-income or high-net-worth individuals. The act also introduces regular reviews of these qualifications to keep the definition current.
Key points
More individuals with relevant financial certifications can qualify as 'accredited investors,' granting them access to broader investment opportunities.
The Securities and Exchange Commission will regularly review and update the list of accepted certifications to ensure the 'accredited investor' definition remains current and protects investors.
Status:
Expired
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