How the “Accredited Investor” Status Definition May Change
Date: May 9, 2022
The Securities and Exchange Commission (SEC) has created the accreditation rule to protect investors. The hope behind the distinction, at least in the SEC’s mind, is that an accredited investor would be savvy (i.e., wealthy or financially sound) enough to withstand a significant loss if they invest in a non-profitable venture. KPPB LAW’s Private Fund and Capital Markets Practice Lead Raj Mahale explains the implications of the SEC proposed changes to the accredited investor definition. The full article explaining the changes can be found here.
The Securities and Exchange Commission (SEC) recently proposed new rules under the Investment Advisers Act of 1940 (Advisers Act) that would fundamentally alter the disclosure and compliance obligations required of private fund advisers. KPPB LAW’s Private Fund and Capital Markets Practice Lead 
