Legis Daily

Accredited Investor Self-Certification Act

USA117th CongressHR-4753| House 
| Updated: 7/28/2021
Warren Davidson

Warren Davidson

Republican Representative

Ohio

Cosponsors (1)
Byron Donalds (Republican)

Financial Services Committee

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
Accredited Investor Self-Certification Act 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 by certifying to the issuer of securities that the individual understands the risks of investment in private issuers. Currently, accredited investors must satisfy certain requirements indicating their reduced exposure to financial risk, including those related to income, net worth, or knowledge and experience.
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Timeline
Jul 28, 2021
Introduced in House
Jul 28, 2021
Referred to the House Committee on Financial Services.
  • July 28, 2021
    Introduced in House


  • July 28, 2021
    Referred to the House Committee on Financial Services.

Finance and Financial Sector

Accredited Investor Self-Certification Act

USA117th CongressHR-4753| House 
| Updated: 7/28/2021
Accredited Investor Self-Certification Act 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 by certifying to the issuer of securities that the individual understands the risks of investment in private issuers. Currently, accredited investors must satisfy certain requirements indicating their reduced exposure to financial risk, including those related to income, net worth, or knowledge and experience.
View Full Text

Suggested Questions

Get AI-generated questions to help you understand this bill better

Timeline
Jul 28, 2021
Introduced in House
Jul 28, 2021
Referred to the House Committee on Financial Services.
  • July 28, 2021
    Introduced in House


  • July 28, 2021
    Referred to the House Committee on Financial Services.
Warren Davidson

Warren Davidson

Republican Representative

Ohio

Cosponsors (1)
Byron Donalds (Republican)

Financial Services Committee

Finance and Financial Sector

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted