Search Results for: accredited investor

Instant Gratification: InvestReady Provides Service to Verify Accredited Investor Status in Minutes

In the US, crowdfunding under Reg D (506c) requires proof that the investor is “accredited.” To be accredited, an individual must earn over $200,000 a year or have a net worth of $1 million or more (minus their primary residence). While the rule is widely… Read More

SeedInvest Hammers on Definition of an Accredited Investor: “the current accredited investor definition is severely misguided and needs to change”

SeedInvest, one of the largest investment crowdfunding platforms in the US, has posted a comment letter pertaining to the Securities and Exchange Commission’s (SEC) concept release on regulatory harmonization. The comment letter is expected to be “one of multiple” letters with this first one addressing… Read More

US House Financial Services Subcommittee Debates the Merits of Securities Exemptions & Accredited Investor Definition

Yesterday, the House Financial Services Subcommittee on Investor Protection, Entrepreneurship, and Capital Markets held a hearing entitled “Examining Private Market Exemptions as a Barrier to IPOs and Retail Investment.” The hearing saw a debate on the merits of private securities exemptions, such as Reg D, Reg… Read More

Real Estate Crowdfunding Platform Groundfloor Provides “Industry First” Giving Non Accredited Investors Access to Fractionalized Loans

Real estate investment platform Groundfloor has announced a new feature that the “wealthtech” company is claiming is an industry first. Groundfloor is now providing non-accredited investors access to fractionalized real estate loans so investors may better manage risk – something previously only available to accredited… Read More

Non Accredited Investors May Now Buy and Sell tZERO Security Tokens

tZERO has announced that its security tokens are now available to trade by non accredited invetors. Previously, only accredited investors could trade in the digital security. tZERO is a blockchain-focused subsidiary of Overstock (NASDAQ:OSTK). tZERO is both a trading and primary issuance platform focused on… Read More

SEC Looks to Address “Patchwork” of Private Offering Exemptions, Staff to Comment on Accredited Investor Definition

During the 37th annual Government-Business Forum on Small Business Capital Formation, Securities and Exchange Commission (SEC) Chair Jay Clayton opened the event with a couple of interesting statements. Clayton commented on the byzantine ecosystem that has emerged, over many decades of legislation and rulemaking, for issuers… Read More

SEC Expands Scrutiny of Companies That Sold ICOs to Unaccredited Investors

The American Securities and Exchange Commission (SEC) has been following up on “scores” of subpoenas it sent in January to companies issuing ICOs (initial coin offerings) and is now focussing on those and “many more” that sold ICOs to unaccredited investors, Yahoo Finance reports. Based… Read More

Paper: Two Bills in Congress May Fix the Profoundly Flawed Definition of Accredited Investor, but One Bill is Better

The current definition of an accredited investor is profoundly flawed and a travesty of rule making. Everyone knows it. As it stands today, an accredited investors must earn at least $200,000 (jointly $300,000) or have a net worth of $1 million beyond a primary residence…. Read More

Will the Definition of an Accredited Investor Finally get Fixed? The JOBS and Investor Confidence Act Includes Bill that May Finally Address this Longstanding Problem

The current definition of an accredited investor is a profound act of disenfranchisement. Policy makers decision to segregate investors based solely on how much money they have is a myopic, discriminatory act of rulemaking. The punitive definition of an accredited investor has been in place… Read More

Here is the Legislation that May Finally Fix the Definition of an Accredited Investor

The current definition of an accredited investor is an anomaly based on ease of enforcement and policy inertia. The statute dictates that accredited status is based on annual income or the size of an individual’s (or couples) bank account – yet everyone understands that wealth… Read More

SEC Government-Business Forum on Small Business Capital Formation Final Report: Top Request is Fix the Definition of an Accredited Investor

The 36 Annual SEC Small Government Business Forum on Small Business Capital Formation took place last November in Austin, Texas. This past week, the SEC published the final report which includes the list of recommendations as prioritized by the participants in this yearly gathering between… Read More

Accredited Investors Only: Coinbase Announces Crypto Index Fund

Diversification is key for any investment portfolio. When investing in equities, some people believe that 30 stocks and provide a better risk adjusted return over time. The same can be said for purchasing a basket of cryptocurrencies. Coinbase, one of the largest crypto exchanges in… Read More

KODAKCoin ICO Moves into Accredited Investor Stage, Warns of Bogus KODAKCoin ICO Websites & Facebook Pages

One of the most anticipated initial coin offerings (ICO) in 2018, Kodak and its KODAKCoin security token has shared more than 40,000 potential investors have expressed interest in participating in the funding round. KODAKCoin is now moving to the “accredited investor verification phase” where individuals… Read More

Real Estate Platform Groundfloor Shares $5M Reg A+ Plans, Now Accepting Non-Accredited Investors from All 50 States

Atlanta-based real estate investment platform Groundfloor has received regulatory approval to raise money under Reg A+. This crowdfunding offer has been in the works for some time now;  like all Reg A offers, the issuer must by scrutinized by the SEC before any securities may be… Read More

tZero ICO Begins Sending Offering Memorandum to Accredited Investors, Announces Airdrop as Incentive

The tZero Initial Coin Offering (ICO) listed on SaftLaunch is poised to be one of the largest ICOs to date. Open only to accredited investors, the pre-sale launched on December 18th only for the largest, institutional investors. Within half a day, over $100 million had… Read More

CoinList – Republic Partner on Initial Coin Offering Enabling both Accredited and Non Accredited Investors to Participate in PROPS Token Crowdsale

  First Ever Side-by-Side Reg D – Reg CF Initial Coin Offering Takes Place YouNow, a global video platform featuring mobile live streaming, has announced an Initial Coin Offering (ICO) on CoinList using Reg D (506c).  The offering for PROPS tokens will also be  listed… Read More

Update to the Definition of an Accredited Investor Passes House by Voice Vote

In a strong sign of bipartisan support, the House of Representatives approved by voice vote HR 1585 or the Fair Investment Opportunities for Professional Experts Act. Sponsored by Representative David Schweikert from Arizona, HR 1585 may address the profound shortcomings in the current definition of… Read More

CrowdStreet Offers First Real Estate Investment Opportunity for Non-Accredited Investors under Reg A+

Real estate crowdfunding platform CrowdStreet has announced its first offer that is available to both accredited and non-accredited investors. CrowdStreet enables commercial real estate firms to efficiently and cost-effectively attract and manage investors using their online channel. The offering on CrowdStreet is being made available through… Read More

Real Estate as an Alternative Investment for Non-Accredited Investors

Real estate crowdfunding has experienced rapid growth in the US.  Yet most opportunities have been made available only to accredited investors. As securities laws are updated to accommodate the emerging innovation of internet finance traditional methods of funding real estate projects are being disrupted. At… Read More

Congressman McHenry Applauds Passage of Bill That Includes Crowdfunding Fix, Small Business Advocate & Accredited Investor Update

Chief Deputy Whip, Patrick McHenry, who is also Vice Chairman of the House Financial Services Committee, welcomed the passage of HR 6427 today or the Creating Financial Prosperity for Businesses & Investors Act.  The last minute legislative push by the House saw a bundling of six… Read More

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