New investor rules: easier investment access, new criteria
This act changes the definition of an "accredited investor," potentially making certain types of investments more accessible to more people. Citizens can now qualify as accredited investors by passing an exam or meeting new financial criteria, opening up new investment opportunities.
Key points
Ability to pass an examination to become an "accredited investor," allowing access to investments previously only available to high-income or high-net-worth individuals.
Introduction of new financial criteria for "accredited investors," including holding at least $500,000 in investments.
Simplification of the "accredited investor" verification process through self-certification, unless the issuer knows of non-compliance.
Inclusion of digital assets and certain real estate in the definition of "investments" for investor status assessment.
Expired
Additional Information
Print number: 117_S_3921
Sponsor: Sen. Tillis, Thomas [R-NC]
Process start date: 2022-03-24