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SEC Has Updated The Accredited Investor Definition, But The Pool Of Qualified Individuals Likely Won't Expand Much
Summary: The U.S. Securities and Exchange Commission has adopted new accredited investor rules to move emphasis away from a person's wealth, according to a recent announcement. The new definition allows people holding certain professional certifications to qualify as accredited investors meaning they have access to private financial markets the general public does not. Under the old ...
The U.S. Securities and Exchange Commission has adopted new accredited investor rules to move emphasis away from a person's wealth, according to a recent announcement.
The new definition allows people holding certain professional certifications to qualify as accredited investors meaning they have access to private financial markets the general public does not. Under the old definition people with a net worth over $1 million or annual income over $200,000 qualified.
While the expanded accredited investor rules are a step in the right direction, the new definition will likely not be much more inclusive. The announcement stated that authors do not expect for the accredited investor pool to expand much in the wake of the updated policy.
By Emily Mason
Tags: Accredited Investor,SEC
Link: SEC Has Updated The Accredited Investor Definition, But The Pool Of Qualified Individuals Likely Won't Expand Much [Copy]
