Senator Tim Scott (R-SC) is proposing to change the definition of “accredited investor” to allow more Americans to participate in the private securities market. Currently, to be an accredited investor, an individual must have $1 million in net assets or an annual income of at least $200,000. The proposal would allow individuals to qualify as an accredited investor by passing an exam.
Senate Introduces Legislation to Change Accredited Investor Definition
Published on October 30, 2024
Recent News
Egan-Jones Removed from Bermuda Monetary Authority’s Recognized Credit Ratings Providers
January 30, 2026
U.S. FHFA Releases New HPI Showing 0.6% Rise
January 30, 2026
FT: Long-Term Unemployment in the U.S. at a 4-Year High
January 30, 2026
Federal Reserve Keeps Interest Rates Unchanged
January 30, 2026