Skip to main content
HOUSE 2652118th CongressReferred to the House Committee on Financial Services.

Investment Opportunity Expansion Act

Last Action
4/17/2023

Actions

  • 2023-04-17Referred to the House Committee on Financial Services.
  • 2023-04-17Introduced in House
  • 2023-04-17Introduced in House

CRS Summary

As of 2023-04-17 (00)

Investment Opportunity Expansion Act

This bill expands who may be considered an accredited investor for purposes of participating in private offerings of securities. (Certain unregistered securities may only be offered to accredited investors.) Specifically, the bill allows an individual to qualify if their aggregate investment in such a securities offering is not more than 10% of the individual's net assets or 10% of the individual's annual income, whichever is greater.

Read on Congress.gov

Sourced from Congress.gov (public domain).

This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.