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United States · Bill · HR

H.R. 1585 (115th)

Fair Investment Opportunities for Professional Experts Act

referredUnited States· United States Congress· EN

Introduced

16 March 2017

Last action

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Status

Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

Sponsors

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Subjects

Discovery layer

Source updated

7 April 2025

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Summary

This bill amends the Securities Act of 1933 to modify the definition of "accredited investor" for purposes of participating in private offerings to include: an individual whose net worth, or joint net worth with their spouse, exceeds $1 million, excluding their primary residence; an individual whose income over the last two years exceeded $200,000, or joint spousal income exceeded $300,000; an individual who holds a state-issued financial services license; and an individual determined by the Securities and Exchange Commission to have qualifying education or experience.

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Documents

11 official files

Referred in Senate (text)

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