13Oct
SEC Expands Definition of Accredited Investor
On August 25, 2020, the U.S. Securities and Exchange Commission (SEC) adopted amendments to the definition of “accredited investor” in Rule 501 promulgated under Regulation D of the Securities Act of 1933. Historically, individual investors who do not meet specific income or net worth tests have been denied many opportunities to invest in private equity transactions regardless of their financial sophistication....
By:
Gray Reed
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