There has been a lot of chatter and debate lately on how, or even if, the current definition of “accredited investor” should be substantively changed. To date, however, there has only been one affirmative action taken to actually change the definition which I am… Read More
The House of Representatives started February of 2016 on a high note this year, leading with several bi-partisan pro-business bills that received little opposition on the floor. The House Financial Services Committee which forwarded the legislation released a statement calling the bills a “win” for… Read More
Originally introduced this past Spring, Representative David Schweikert saw the “Fair Investment Opportunities for Professional Experts Act” (HR 2187 — 114th Congress) take another step forward on December 9th. The House Financial Services Committee saw it approved by a vote of 54 yeas to just… Read More
The current definition of an accredited investor is something that has been in use for decades. Basically the rule defines who may invest in certain private placement securities offers. In general you need to be earning over $200,000 a year ($300,000 if married) or alternatively have… Read More
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