Expert Takes: SEC Amends Accredited Investor Definition

Investing, News, Opinion | September 1, 2020 By:

The US Securities and Exchange Commission (SEC) has recently amended its “accredited investor” definition to allow investors to qualify based on defined measures of professional knowledge, experience or certifications, in addition to the existing tests for income or net worth.

The regulator’s previous definition of “accredited investor” limited private capital market participation to investors who met specific income or net worth tests.