SEC Adopts Dodd-Frank Net Worth Standard For Accredited Investors
December 2011
By: Glenn E. Morrical, Robert M. Loesch, and James R. Warren
The Securities and Exchange Commission ("SEC") has revised the net worth definition of "accredited investor" that qualifies an individual for private investment activity in unregistered securities offerings. An individual whose primary residence makes up a large part of his or her net worth may no longer qualify as an accredited investor. Read More...
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