More individuals could qualify as “accredited investors” by taking an exam demonstrating their financial knowledge under
An accredited investor is an individual or business that meets specific criteria and is allowed to invest in certain restricted securities.
Individual investors can qualify if they have a net worth of more than $1 million or income that exceeds $200,000 for individuals or $300,000 for a couple. The Securities and Exchange Commission finalized a rule in 2020 that expanded the accredited investor definition to include individuals with certain professional credentials.
The rules aim to ensure investors have the knowledge and ...
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