SEC's Final Accredited Investor Rule Vs. Public Suggestions

Law360 (November 4, 2020, 4:01 PM EST) -- On Aug. 26, the U.S. Securities and Exchange Commission published amendments updating the definition of "accredited investor" in Rule 215 and Rule 501(a) of Regulation D under the Securities Act, with the amendments scheduled to become effective on Dec. 8.

For many years commenters and staff at the SEC have debated and analyzed the usefulness of using wealth, through specific income and net-worth benchmarks, as the definitive proxy for determining accredited investor status.[1]

Moreover, in a June 2019 concept release, the SEC solicited public comment on ways "to simplify, harmonize, and improve the exempt offering framework to promote capital formation and...

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.

  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!


Hello! I'm Law360's automated support bot.

How can I help you today?

For example, you can type:
  • I forgot my password
  • I took a free trial but didn't get a verification email
  • How do I sign up for a newsletter?
Ask a question!