This site makes use of Javascript, please enable your web browser to allow Javascript. Thank you.

Important Modifications to Accredited Investor Definition - Effective Late February 2012

December 23, 2011

Summary: On December 21, 2011, the Securities and Exchange Commission adopted amendments to the definition of an "accredited investor" under Regulation D, promulgated under the Securities Act of 1933. One of the standards for an accredited investor requires individuals to have at least $1 million in net worth, excluding the value of his or her primary residence, and that debt secured by the primary residence not be included as a liability (with exceptions). This amendment implements the requirements of the Dodd-Frank Wall Street Reform and Consumer Protection Act.

Also of Interest


Lynn Toby Fisher
Special Counsel
icon Email
Diane Holt Frankle
Special Counsel
icon Email
Peter Danias
icon Email

Legal Services

Download: 20111223.pdf (pdf 47870 bytes)