H.R. 3348 House Finance and Financial Sector
Accredited Investor Definition Review Act
Calendars and Scheduling, still liveSTAGE 3 OF 8 — CALENDARS AND SCHEDULING
Currently in the House. Last action: placed on the union calendar, calendar no. 103 on Jun 4, 2025.
- House Introduced in House May 13, 2025
- House Referred to the House Committee on Financial Services. May 13, 2025
- House Committee Consideration and Mark-up Session Held May 20, 2025
- House Ordered to be Reported (Amended) by the Yeas and Nays: 34 - 16. May 20, 2025
- House Reported (Amended) by the Committee on Financial Services. H. Rept. 119-134. Jun 4, 2025
- House Placed on the Union Calendar, Calendar No. 103. Jun 4, 2025
Subjects
Administrative law and regulatory proceduresFinancial services and investmentsLicensing and registrationsSecuritiesSecurities and Exchange Commission (SEC)
Committees
- Financial Services Committee
- [Reported By, Jun 4, 2025]
- [Markup By, May 20, 2025]
- [Referred To, May 13, 2025]
Summary
Accredited Investor Definition Review Act This bill revises 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 the Securities and Exchange Commission (SEC) discretion in determining what certifications, designations, or credentials investors must possess for purposes of investor protection, provided that the credentials are at least as broad as the existing regulations and include those professional licenses currently approved by the SEC. Additionally, the SEC must review these credentials every five years.
[Summary as of: Introduced in House]
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