Bill Detail

H.R. 3394

Congress: 119

Title

Fair Investment Opportunities for Professional Experts Act

Summary

Fair Investment Opportunities for Professional Experts Act This bill expands the eligibility criteria for an accredited investor for purposes of participating in private offerings of securities to include an individual determined by the Securities and Exchange Commission (SEC) to have qualifying professional knowledge through educational or professional experience. (Certain unregistered securities may only be offered to accredited investors.) The bill also provides statutory authority for certain existing criteria for an accredited investor, including licensure or registration in good standing as a broker or investment adviser, specified annual salary, and specified net worth. Further, the SEC is directed to revise the definition of accredited investor in Regulation D (which exempts certain offerings from SEC registration requirements) to conform to changes in this bill.

Sponsor

Rep. J. Hill [R-AR-2]

Status

Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

Status as of Jun 28, 10:42 PM · synced 22h ago

Introduced

2025-05-14

Data source mode: cache

Bill Engagement