Tagged: hr 3394

Definition of an Accredited Investor: the Fair Investment Opportunities for Professional Experts, Passes House with Solid Bipartisan Support

The Fair Investment Opportunities for Professional Experts Act (HR 3394) has been approved by the House of Representatives. The legislation now moves over to the Senate for a vote. As the Senate is controlled by Republicans, the bill holds a high probability of becoming law…. Read More

Accredited Investor Bills Approved in Markup by House Financial Services Committee

The “Accredited Investor Definition Review Act,” HR 3348, has been approved by the House Financial Services Committee in a 36-16 vote. Representative Bill Huizenga, the bill’s sponsor, outlined its goals in an X. “Accredited investors are currently defined by the SEC based on their income and… Read More

Accredited Investor Legislation Moves Forward in House

The current definition of an Accredited Investor has long been understood to be misdirected, disenfranchising millions of potential investors. Today, the definition defines an individual as “Accredited” based on a wealth metric. Broadly, this means earning over $200,000 a year ($300,000 if married) or having… Read More

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