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Accredited Investor Definition Review Act: Expanding Investment Opportunities

This act expands the definition of an "accredited investor," potentially opening up new investment opportunities for individuals with specific professional certifications or credentials. The Securities and Exchange Commission (SEC) will regularly review and update these qualifications to reflect individuals' financial knowledge and experience.
Key points
More individuals may qualify as "accredited investors" based on professional certifications and credentials, not just income or net worth.
The SEC will review and update the list of qualifying certifications for accredited investor status at least every five years.
The changes aim to protect investors and ensure individuals with relevant financial knowledge have access to broader investment opportunities.
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Additional Information
Print number: 119_HR_3348
Sponsor: Rep. Huizenga, Bill [R-MI-4]
Process start date: 2025-05-13