SEC's Accredited Investor Rule Will Benefit Sovereign Wealth

By Steven Canner, Michelle Heisner and Ava Haghighi (October 6, 2020, 5:59 PM EDT) -- A proposal by the U.S. Securities and Exchange Commission to amend the definition of "accredited investor" in Rule 501(a) of Regulation D — one of the categories of investor to which an issuer can offer and sell securities that have not been registered under the U.S. Securities Act of 1933 — has made its way into a final rule.[1]...

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