Legis Daily

Investment Opportunity Expansion Act

USA118th CongressHR-2652| House 
| Updated: 4/17/2023
Alexander X. Mooney

Alexander X. Mooney

Republican Representative

West Virginia

Financial Services Committee

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
Investment Opportunity Expansion 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 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.
View Full Text

Suggested Questions

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

Timeline

Bill from Previous Congress

HR 117-9405
Investment Opportunity Expansion Act
Apr 17, 2023
Introduced in House
Apr 17, 2023
Referred to the House Committee on Financial Services.
Jan 31, 2024

Latest Companion Bill Action

S 118-3709
Introduced in Senate
  • Bill from Previous Congress

    HR 117-9405
    Investment Opportunity Expansion Act


  • April 17, 2023
    Introduced in House


  • April 17, 2023
    Referred to the House Committee on Financial Services.


  • January 31, 2024

    Latest Companion Bill Action

    S 118-3709
    Introduced in Senate

Finance and Financial Sector

Related Bills

  • S 118-3709: Investment Opportunity Expansion Act
  • HR 118-2799: Expanding Access to Capital Act of 2023

Investment Opportunity Expansion Act

USA118th CongressHR-2652| House 
| Updated: 4/17/2023
Investment Opportunity Expansion 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 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.
View Full Text

Suggested Questions

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

Timeline

Bill from Previous Congress

HR 117-9405
Investment Opportunity Expansion Act
Apr 17, 2023
Introduced in House
Apr 17, 2023
Referred to the House Committee on Financial Services.
Jan 31, 2024

Latest Companion Bill Action

S 118-3709
Introduced in Senate
  • Bill from Previous Congress

    HR 117-9405
    Investment Opportunity Expansion Act


  • April 17, 2023
    Introduced in House


  • April 17, 2023
    Referred to the House Committee on Financial Services.


  • January 31, 2024

    Latest Companion Bill Action

    S 118-3709
    Introduced in Senate
Alexander X. Mooney

Alexander X. Mooney

Republican Representative

West Virginia

Financial Services Committee

Finance and Financial Sector

Related Bills

  • S 118-3709: Investment Opportunity Expansion Act
  • HR 118-2799: Expanding Access to Capital Act of 2023
  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted