SEC accredited investor
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@loki said in SEC accredited investor:
Is this an SEC requirement? I am familiar with the concept and when I went through it, it was just a signature on a form.
For some investment vehicles, such as hedge funds, venture capital funds and others. IIRC, they are required to verify such, before allowing you to invest in unregistered securities.
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When you shake someone's deep sense of self-worth, leaving a scar in their ego, they will persistently try to diminish you through petty arguments & obsessive captious criticism of your actions, just to soothe the wound.
- Nassim Nicholas Taleb
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@jon-nyc said in SEC accredited investor:
There actually is a professional experience avenue to qualify also.
Is that only a state thing or nationwide?
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@jon-nyc said in SEC accredited investor:
It’s all SEC regulations so it’s National.
Just saw that - seems like a recent update. Makes sense:
On August 26, 2020, the U.S. Securities and Exchange Commission amended the definition of an accredited investor. According to the SEC's press release, "the amendments allow investors to qualify as accredited investors based on defined measures of professional knowledge, experience or certifications in addition to the existing tests for income or net worth. The amendments also expand the list of entities that may qualify as accredited investors, including by allowing any entity that meets an investments test to qualify." Among other categories, the SEC now defines accredited investors to include the following: individuals who have certain professional certifications, designations or credentials; individuals who are “knowledgeable employees” of a private fund; and SEC- and state-registered investment advisers.
