Pipeline · Bill → Law
Step 1
Introduced
Jan 31, 2024
Step 2
Referred
Jan 31, 2024
Banking, Housing, and Urban Affairs
Step 3
Committee
Step 4
Senate
Step 5
House floor
Step 6
Resolve Changes
Step 7
Signed
SummaryCRS Summary
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.
Timeline · 2 actions
Jan 31, 2024
Introduced in Senate
Jan 31, 2024
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.