SEC: Proposal modifies accredited-investor requirements
The SEC has proposed changes to determine whether an individual qualifies as an accredited investor. Floated last week…
The SEC has proposed changes to determine whether an individual qualifies as an accredited investor. Floated last week by the agency, the provisions would exclude the value of an investor’s primary residence in calculating the minimum-net-worth requirement of $1 million when determining accredited investor status. For more details and information on submitting comment by March 11, visit www.sec.gov.
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