If you are involved in the private placement of
securities, then you have been waiting to hear how the SEC was going to change
the definition of "accredited investor."
Section 413(a) of the Dodd-Frank Wall Street Reform and
Many of the provisions in the Dodd-Frank Wall Street Reform and Consumer Protection Act
merely provide for future regulatory framework. That it is in part true for the
changing definition of "accredited investor" under the Securities Act...
As financial reform has made its way through Congress there have been several proposed changes to the standard of what it takes to be an accredited investor.
In 1982, the SEC prescribed the standard in Rule 501 of Regulation D :
5. Any natural...
The Securities and Exchange Commission was very busy today in their latest work implementing the Dodd-Frank bill. In addition to proposing new rules relating to registration of investment firms (and unveiling a new proposed form to do so), they acted...
by Kristy T. Harlan and Vincent J. Pisano
On July 21, President Obama signed the Dodd- Frank Wall Street Reform and Consumer Protection Act (Dodd-Frank Act). A change to the definition of "accredited investor" under the Securities Act of 1933...