United States · Bill · S
S. 3709 (118th)
Investment Opportunity Expansion Act
Introduced
31 January 2024
Last action
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Status
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Sponsors
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Subjects
Discovery layer
Source updated
27 May 2025
Summary
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.
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Documents
3 official files
Introduced in Senate (text)
Introduced in Senate (text)
Introduced in Senate · EN · 31 January 2024
Introduced in Senate (PDF)
Introduced in Senate · EN · 31 January 2024
Introduced in Senate
summary · EN · 31 January 2024
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Sources
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- Official source: https://www.congress.gov/bill/118th-congress/senate-bill/3709
- Open data entity: https://api.congress.gov/v3/bill/118/s/3709