HR 4762
Fair Investment Opportunities for Professional Experts Act
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Sign in to take action- Introduced
- Passed House
- Passed Senate
- To President
- Became Law
Bill overview
This bill, the Fair Investment Opportunities for Professional Experts Act, aims to broaden who qualifies as an ‘accredited investor’ in the United States. It expands the definition to include individuals with a net worth of at least $1 million (adjusted for inflation), those with income exceeding $200,000 (or $300,000 for couples) in the past two years with an expectation of maintaining that income, licensed brokers and investment advisors, and individuals deemed to have professional investment knowledge by the SEC. The Securities and Exchange Commission (SEC) is required to update its regulations to align with these changes.
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Primary sponsor
Cosponsors
Anthony Gonzalez
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